Subject Line: 3 secrets the life insurance industry wishes you didn’t know
3 secrets the life insurance industry wishes you didn’t know (and 1 BONUS secret)
Secret #1: Did you know a life insurance policy has Life Settlement value that can be 5x-10x greater than cash surrender value? Life Settlement Association (LISA)
Secret #2: Did you know that any kind of life insurance policy (including term life!) can qualify for a Life Settlement?
Secret #3: Did you know that approximately 9 out of 10 life insurance policies are in danger of being abandoned before ever paying out a death benefit? Lapse-Based Insurance: Wharton Business School
BONUS Secret: Did you know that a life insurance policy is an asset and legally recognized as personal property of the owner who has the right to sell their policy just like their home? United States Supreme Court, 1911
Never abandon a life insurance policy without looking at the life settlement option first!
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