The answer is yes – although canceling your whole life insurance policy isn’t a choice to make lightly. There’s more to consider than simply stopping your payments. It typically begins with a call to your insurer, who will walk you through the process. And there might be some good reasons to do that, especially if …
When times are tough, or when people need cash now, they make desperate decisions–like taking their baseball card collection to the pawn shop or canceling their whole life insurance policies. And when people are desperate for money, there are usually people waiting around the corner to take advantage of the situation. Aspen Life Settlements provides …
How Do You Get the Cash Value of Your Life Insurance? Read More »
Dear life insurance policy holder, If there’s anything that’s certain in today’s economy, it’s uncertainty. We’ve seen — time and again — how economies became prosperous, then over-extended, then humbled, then depressed, then through sheer determination, rose again to respectable levels of prosperity. We also get that families are no different. Some years, you may …
An Open Letter To Whole Life Insurance Policy Holders Read More »
The traditional view of life insurance is that we all need it. In the unexpected case that someone dies prematurely, life insurance helps protect loved ones from the financial burdens of funeral costs, mortgages, etc. Life insurance policies also prevent surviving family members from needing to work extra to support their loved ones. There are …
Before Death Do Us Part: Selling Your Life Insurance Policy for Cash Read More »
