Every year, thousands of senior citizens fall victim to identity theft. The Federal Trade Commission reports that senior citizens are “disproportionately affected by fraud,” and many identity thieves specifically target older Americans, using Medicare or Medicaid as a way to illicitly gather information about their victims. Continue reading
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Determining whether a life settlement is right for your client is dependent upon a thorough understanding of the process. Life settlements can be used to better your client’s lives, so it is important to garner as much information as possible. Below is a list of frequently asked questions and answers regarding the opportunity life settlements present. Continue reading
Although today’s seniors can generally look forward to longer lifespans, many feel anxiety about their financial future and the need to continue working indefinitely to make ends meet. If you’re one of these seniors, the idea of comfortably retiring may seem unimaginable. But you may be sitting on a valuable financial asset you’re not even aware of. Continue reading
Even seasoned policy owners can benefit from learning more about their policy, how the policy is affected by the market, and more. Both the grantor and the trustee can find these discussions constructive and productive. Continue reading
Some of your retirement-age clients might think that they should keep paying for life insurance, i.e. expensive premiums, in hopes of a buyer eventually purchasing their policy. Yes, it is wise to practice forward planning with personal finances, but with life insurance, things are rarely black-and-white. Continue reading
Embracing a laissez-faire attitude towards life insurance is easy. After all, other pressing, day-to-day needs require our immediate attention. And if someone doesn’t consider himself a life insurance expert, their involvement might seem unwarranted and maybe even unhelpful. Continue reading
If the topic of life settlements makes you feel like you’re entering uncharted territory, know that you’re not alone. After all, the life settlement business is still relatively new, having first emerged approximately 30 years ago. In the last 10 to 15 years, the practice has grown more inclusive, helping individuals manage and finance life changes of all sorts, not just major health developments. The great news is, you don’t have to be a life insurance expert to discuss life settlements with your clients. We bet you’ll find that the subject naturally fits into the conversations you’re already having. Continue reading
If you are a financial professional who often advises seniors, it is in both you and your clients’ best interests to discuss and explore life settlements. This shouldn’t be difficult since life settlements are a natural part of the financial planning conversations you’re already having with clients. Continue reading
At Ashar Group, we have the privilege of helping individuals recover much-needed cash through the sale of their existing life insurance policies to licensed institutional buyers. Time and time again, we have seen life settlement transactions relieve financial stress associated with retirement, medical expenses, and long-term care needs. Continue reading
What is Term Life Insurance?
There are two main types of life insurance: term life insurance and permanent life insurance. Continue reading
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