Seniors and Cash Flow

by michellerogers on March 23, 2009

Last year I was working with an elder friend of mine to ensure she had some help at her home. During our time together I learned she was concerned about her cash flow.

Today many of our seniors are interested in additional cash flow given our current economic times.  Did you know that if your love one has an insurance policy, that you can consider selling the policy for a lump sum of cash? 

This assisted my friend’s quality of living and brought peace of mind when she received the lump sum of cash. 

If this topic is of interest there are a few things to know:

  • Your actual life expectancy must be between 3-10 years without a life threatening illness.
  • You must be 65 years old.
  • Your policy must have a minimum face value of $250,000.
  • Your policy must be one of the following types from a U.S. based “A” rates carrier.

If you are interested in learning more here is a link and business that can speak to you about the possibilities. 

http://www.donaldhunterfinancial.com/seniorlife.htm

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