Whenever we purchase goods or services, they generally come with standard terms and conditions, which will include responsibilities of the seller and the buyer. This will also typically include warranty information and a description of the circumstances in which you can return and get reimbursed for the goods and services you purchased. Similarly, contracts for […]
You have probably heard that term insurance is the most efficient way to purchase life insurance. Suze Orman has been saying that for years; she is right. The cost of term life insurance is lower because there isn’t an accumulation of cash value like other policy types. Your premium payments are used exclusively to pay […]
The Background A 84 year old male had three policies. One policy through Protective Life and the other two with West Coast Life. The policies had face amounts of $190,000, $200,000 and $330,000. The total annual premiums on the policies were approximately $36,000. The insured was using the cash value of the policies to pay […]
The Background A 90 year old female had a $3,000,000 insurance policy Business Tagline with Mass Mutual. The annual insurance premiums were$96,000. The cash surrender value was only $80,000. The Problem or Challenge The insured had too much life insurance for her needs. She also had a $5,000,000 policy for a combined $8,000,000 in coverage. The […]
Maximize fundraising options Is your non-profit facing decreasing donations? Do you need to increase capital for your operating budget? A great option is often overlooked and awareness is also lacking; something we would like to change. Let’s take a look at your donated life insurance portfolio – there is real potential there! Our team recently […]
A 19 year old female was the recipient of 5 annual future payments of $24,084.13 from Allstate Life Insurance Company. This structured settlement was the settlement on a lawsuit regarding her mother’s death at a hospital.
Our Board of Directors has unanimously decided to continue working with Prime National after our 1-year review of your company and services. We were initially very hesitant partnering with another credit repair company, because we were previously “burned” before by another company. We admire your organization for adhering to all the rules and regulations of […]
A 66 year old male had a $5,000,000 life insurance policy. Business Tagline or with Lincoln Financial. The annual premiums were $250,000. The cash surrender value was only $2,000.
A 69 year old male had a $3,000,000 insurance policy Business Tagline with Phoenix Mutual. The annual insurance premiums were$180,000. The cash surrender value was only $7,000.
A 70-year old retired executive had a $1,000,000 term policy from Prudential with annual premiums of $26,000.