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Friday, October 07, 2005

Senior Settlements

Senior Settlements
Senior Settlements Provider

Senior settlements provide funds needed for long term care, a dream vacation, or other investments that produce better results. One of the most important benefit is the elimination of premiums that can make a difference in deciding which type of lifestyle you prefer.

Senior settlements are the sale of a life insurance policy to a financial institution (also known as a life settlement provider/company). The policy owner sells the policy for a discounted amount based on their current health status and the premiums required to keep the policy in force. The senior benefits by eliminating premium payments from the sale of the policy and receiving a lump sum of money that can be used that their discretion.

Do not surrender or lapse your policy without exploring the option of senior settlements.

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