by prosperitylife | Sep 23, 2020 | Sell Your Life Insurance
Most people are not prepared for unthinkable circumstances that arise in life requiring money outside of their budget. Some may turn to a Reverse Mortgage. A Reverse Mortgage is a home loan that allows a homeowner 62 and older to withdraw some of their home...
by prosperitylife | Sep 16, 2020 | Sell Your Life Insurance
64% of Americans are not prepared for retirement. Trump announced 2.3 billion in cuts to Social Security, Medicare, and Medicaid to help pay for tax breaks for corporations and the top 1%. 15% of an average retiree’s annual expenses will be spent on...
by prosperitylife | Sep 16, 2020 | Sell Your Life Insurance
There are many reasons to invest in a life insurance policy, but usually, the primary purpose is to sustain and support the beneficiary (in case of the untimely death of the policyholder). If it’s included in the policy measures, then while the policyholder is still...
by prosperitylife | Aug 24, 2020 | Sell Your Life Insurance, Uncategorized
Most people don’t have as much money saved for retirement as they should. There are a lot of reasons why your savings might fall short of 10 times your salary, but now that you’re retired, you have to learn how to make do with what you have. That doesn’t have to mean...
by prosperitylife | Jul 16, 2020 | Sell Your Life Insurance
When you cancel your life insurance and sell your existing policy to a third party, it’s called a life settlement. It must be more than its cash surrender value, but less than it’s net death benefit. When going through the process of a life settlement...
by prosperitylife | Jul 13, 2020 | Sell Your Life Insurance
Large Cost of Insurance Increases Hit Policies Purchased Years Ago. Universal Life was a popular insurance product when it was introduced in the 1980s. It offered insurance coverage in combination with an interest-bearing savings account designed to earn money to keep...
