It’s no wonder that so many people are confused about the pros and cons of canceling a life insurance policy, or whether it’s even possible in the first place. That’s because when it comes to exactly what happens when you cancel your policy, the answer isn’t cut and dry. Will the coverage end immediately? Will you be refunded for any … Read More
Can You Sell Your Life Insurance Policy for Cash? Find Out Now
We won’t keep you waiting on the edge of your seat for too long here. For many policyowners, the answer to that question is a solid “yes.” If you have an active, yet unwanted or unneeded life insurance policy, you may very well be eligible to sell it for cash. So, if you’ve been thinking about surrendering your policy back … Read More
Avoid These 4 Huge Mistakes When Buying Life Insurance
As we roll into a new year 2021 —we can reflect on 2020 that proved to be quite the volatile year, full of many uncertainties—the novel Coronavirus had claimed more than 300,000 lives in the United States. First and foremost, our team here at ALIR Settlements would like to say that we hope you and your family are safe and … Read More
4 Reasons You May Be Afraid to Consider a Life Settlement, and Why You Shouldn’t Be
Since the concept of a Life Settlement is still foreign to so many, it can be tough for people to grasp certain key concepts that need to be understood before one is able to make a decision. Some common questions are: How do I decide if a Life Settlement is best for me in my current situation? How exactly would … Read More
How Your Cash Value Life Insurance Policy Can Defend You Against the Economic Crisis
As COVID-19 continues to tighten its grip on the world, many people are feeling the pain in their bank accounts. Among the hardest hit are millions of retired seniors whose retirement portfolios have taken a huge hit due to the crisis. For those seniors who had been counting on withdrawals from these portfolios to support them financially, it is especially … Read More
Am I Covered? What You Need to Know About Life Insurance and COVID-19
As COVID-19 continues to surge across many parts of the world, claiming thousands of lives each day, countless people have wondered if they would be covered by their life insurance policy in the event that they contract and are overtaken by the virus. In most cases, the policyholder will be covered, and insurance will probably pay out for a death … Read More
Five Reasons People Choose to Sell a Life Insurance Policy.
To the vast majority of people, the term “life settlement” is an unfamiliar one. Many have never even heard of it, let alone considered the concept of selling a life insurance policy for cash, or the benefits of doing so. Selling a life insurance policy can allow a policyholder to reclaim equity and provide the funding that will allow their … Read More
Business Owners Furious After Being Denied Insurance Payouts
The coronavirus global pandemic has caused huge devastation around the world, affecting individuals, businesses, and economies alike. The financial impact of the pandemic in the United States has been severe, with many businesses forced to close their doors in March to control the spread of the virus.
How travel insurance is impacted by Coronavirus?
The Coronavirus or COVID-19 has already affected more than 450,000 people and over 20,000 people have died due to it. Though the virus possibly originated in Wuhan, China it has now spread to a staggering 196 other countries across the globe. Even as we speak, a person somewhere is getting infected with this dreaded virus. Effect on Global Economy: While … Read More
Retrospective Denial: An Insightful Discovery
Have you ever been denied the necessary coverage from your health insurance provider? Probably not. But have you ever been denied coverage even after taking the mysterious ‘preapproval’? There is a slight chance that your answer might be yes. In this post today, we’ll focus on the recent rise of ‘Retrospective Denial’ and what the reasons are behind its dramatic … Read More