Comments on: Life After Death: Getting An Insurance http://www.homeandfamilyonline.com/family-facts/life-after-death-getting-an-insurance.html Home And Family Resource Center Mon, 01 Dec 2008 16:33:25 +0000 http://wordpress.org/?v=2.3.1 By: Senior Life Insurance http://www.homeandfamilyonline.com/family-facts/life-after-death-getting-an-insurance.html#comment-146 Senior Life Insurance Thu, 24 Jul 2008 17:13:02 +0000 http://www.homeandfamilyonline.com/family-facts/life-after-death-getting-an-insurance.html#comment-146 Life Insurance industry giants are drumming up significant business right here in the old US. This explosion dove-tailed from the advent of the life settlement business, whereby seniors could sell their unwanted life insurance policies into a secondary marketplace. Most of the buyers are institutions, like Warren Buffet's Gen Re, large World Banks, pension and hedge funds, and college endowments. To them, you are but a little fish in an ocean of purchased policies. A reputable broker will be able to find these buyers. Some seniors are opting to obtain life insurance with no, or minimal out of pocket expense, and then sell into the secondary market, while others want to originate a policy and keep it for life. In addition, seniors, who have a minimum net worth of $1 million, and are relatively healthy, can obtain no cost (and nothing collateralized) immediate annuities paying them for life. Strange world we live in, but we're here, so why not take advantage of some of the opportunities presented? Life Insurance industry giants are drumming up significant business right here in the old US. This explosion dove-tailed from the advent of the life settlement business, whereby seniors could sell their unwanted life insurance policies into a secondary marketplace.

Most of the buyers are institutions, like Warren Buffet’s Gen Re, large World Banks, pension and hedge funds, and college endowments.

To them, you are but a little fish in an ocean of purchased policies. A reputable broker will be able to find these buyers.

Some seniors are opting to obtain life insurance with no, or minimal out of pocket expense, and then sell into the secondary market, while others want to originate a policy and keep it for life.

In addition, seniors, who have a minimum net worth of $1 million, and are relatively healthy, can obtain no cost (and nothing collateralized) immediate annuities paying them for life.

Strange world we live in, but we’re here, so why not take advantage of some of the opportunities presented?

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