Excerpt from: Life Settlement Update
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| July 03, 2008 | | A life settlement can be a great financial decision but like most financial decisions it is not always the right thing to do. | Every one's financial situation is unique and nothing can replace discussing your particular situation with an experienced life settlement broker. But one of the biggest things to consider is your ability to maintain adequate life insurance coverage. Life insurance is a very important financial asset for seniors to retain. If you are going do a life settlement on some or all of your current coverage it is important to know whether you can get adequate new coverage. There are a number of general issues to consider in determining if a life settlement is a smart financial move. This article on when life settlements are the wrong choice will give you some good topics to discuss with your broker. | | |
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