According to a recent article in the August 24th edition of The Dallas Morning News, seniors battered by the tough economy are selling their life insurance policies to replenish their retirement nest eggs.  Unlike younger investors, older adults may not have the time to wait for the market to recover all of their losses, so.. read more →

(I previously blogged about life settlements here, but there’s much more to say about the subject. Thus, I asked my colleague,  Joel Kastin, an insurance broker, to contribute an article discussing life settlements, and he agreed to participate.  Joel is, therefore, my first guest blogger of 2009.  Joel Kastin has been a New Jersey licensed.. read more →

Are you having difficulty keeping up premium payments on a life insurance policy, or do you no longer need the policy? Policyholders once had only two options: let the policy lapse or turn it in for a meager cash surrender value. Now there’s another, often vastly more lucrative alternative: sell the policy to a company.. read more →