• Victory for Florida
    June 15, 2017

    A Victory for Florida Life Insurance Consumers

    The Florida legislature recently passed H.B. 1007, a comprehensive bill intended to combat insurance fraud. One important provision of the bill requires that insurance consumers be advised of their options before making changes to a life insurancepolicy. The new law now awaits the governor’s signature or, unless vetoed, automatically becomes law 15 days after it was sent to the governor’s desk.

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  • 4 strategies to grow your finances in retirement Small
    June 14, 2017

    4 strategies to grow your finances in retirement

    Retirement is the time in your life when you can throw off the shackles of your daily responsibilities and truly enjoy the fruits of everything you spent years working toward. It’s an empowering feeling and you’ve earned it. You’ve planned and you’ve saved, but now that you’re here, don’t make the mistake of believing your financial planning is over.

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  • An Ongoing Issue on which Democrats and Republicans Agree in America
    May 23, 2017

    The Issue on which Democrats and Republicans Agree in America

    By many measures, our country is sharply polarized when it comes to our politics, with registered Democrats and Republicans lining up on opposing sides more so than ever before. In fact, a Pew Research poll taken during the 2016 presidential campaign found that the average American’s views of the “opposing party” are now more negative than at any point in nearly a quarter of a century.

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  • Estate Tax Debate Comes to Washington
    May 08, 2017

    Estate Tax Debate Comes to Washington: Possible Implications for Life Insurance

    Life insurance has long been used as a tool for estate planning. It has the unique ability to satisfy a wide range of objectives including covering outstanding debt obligations, paying for burial expenses, providing for surviving family members, and offering liquidity to cover estate taxes.

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  • American-Workers-Retirement-Confidence-Slips-in-2017-as-Anxiety-Grows
    April 12, 2017

    American Workers’ Retirement Confidence Slips in 2017 as Anxiety Grow

    The 2017 Retirement Confidence Survey, an annual report published by the non-profit Employee Benefit Research Institute (EBRI), was just released and its findings provide more reason for concern about how prepared Americans are for retirement.

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  • Real-Financial-Stress-Among-Seniors
    April 01, 2017

    Financial Stress Among Seniors

    Retirement today looks very different than it did even 20 years ago. Because of the differing concerns retirees and soon-to-be retirees are facing now, many are choosing a path that’s different from the stereotypical, golf-and-gardening one that’s been the model for retirement for so many years. They’re also looking for alternative financial options.

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  • Solution-for-Seniors-Struggling-with-Life-Insurance-Premiums
    March 22, 2017

    Struggling to Pay Your Life Insurance Premiums? Know Your Options

    On average, a life settlement yields seniors seven times the amount of the policy's cash surrender value, LISA says, based on an analysis of a survey by the U.S. Government Accountability Office. In fact, 90 percent of seniors with lapsed policies say they would have considered selling it if they had known life settlement was an option, an Insurance Studies Institute survey found.

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  • Reducing Health Care Expenses
    March 01, 2017

    4 Ways to Reduce Your Medical Costs in Retirement

    When you’re living on your retirement savings, any opportunity to reduce unnecessary expenses is welcome. There are lots of ways people go about this.

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  • saving-money-in-retirement176
    February 23, 2017

    Bridging the Gap Between Plans and Reality: Know Your Assets

    The Employee Benefit Research Institute’s (EBRI) 2016 Retirement Confidence Survey found that the confidence American workers have in their ability to afford a comfortable retirement is remaining stable, with nearly two out of three workers reporting they are very or somewhat confident of having enough money for a comfortable post-career life.

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  • LISA4cprint_small2
    February 15, 2017

    Exploring Life Settlements? It’s always best to work with a LISA member

    A life insurance policy is one of the most valuable assets many Americans will ever own. Unfortunately, far too many consumers are unaware they have the right to sell a life insurance policy through what is known as a life settlement transaction. As a result, billions of dollars worth of life insurance is “irrationally lapsed” each year.

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  • Saving-money-for-retirement-with-life-settlements
    February 13, 2017

    4 Ways to Save Money During Retirement Without Sacrificing Your Lifestyle.

    No matter how much you’ve been able to save for retirement, there comes a point for many retirees when they begin to worry about having enough money to last them. Not having a paycheck, or even the prospect of a paycheck, can produce major feelings of anxiety – even if you thought you were fully prepared for that reality.

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  • Life-Settlement-Sandwich-Generation-176
    January 27, 2017

    The Sandwich Generation: Tips for Balancing the Needs of Children and Aging Parents.

    If you’re a member of the “sandwich generation” – adults who are caring for both their own young children and their elderly parents – then you’re no doubt familiar with the challenges and conflicts that arise on a monthly, weekly, even daily basis. You’ve somehow got to make it to your son’s school play and mom’s doctor appointment at the same time. Your high school-aged daughter needs to borrow the car to go out with friends, but dad also needs a ride to his book club. You have to pick up prescriptions, haggle with mom’s insurance company, and drop the kids off at soccer practice right after work – oh, and somehow feed everybody dinner, too.

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  • 4 Financial Consideration for 2017 Retirees
    January 10, 2017

    2017 Retirees: Four Key Financial Considerations

    If you are among that fortunate group of new retirees in 2017, here are a few practical financial considerations that you may want to review

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  • Happy New Year
    December 19, 2016

    Happy Holidays from LISA

    As we approach the holiday season and say farewell to 2016, those of us at the Life Insurance Settlement Association would like to share some thoughts with seniors about the end of the year.

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  • 5 important things life insurance companies don’t always tell you
    December 09, 2016

    5 things life insurance companies don't always tell you

    If you’re a senior and you own a convertible term policy that will soon expire, you may think your choices are limited simply because there was no "cash value" built up in the policy over the years. Your life insurance company is unlikely to tell you otherwise and, in fact, many insurers prevent their agents from informing you of any alternatives to either letting the policy expire or converting it to a more expensive new policy. But the truth is that you may be able to unlock the value in your policy by selling it to outside investors for a lump-sum cash payment.

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  • rsz_1life-insurance-policy-crop-600x338sm
    December 01, 2016

    Demystifying the Secondary Marketplace for an Unneeded Life Insurance Policy

    Four out of 10 U.S. financial advisors have only a limited familiarity with life settlements or are entirely unfamiliar with these transactions, according to a 2015 survey published by WealthManagement.com.

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  • Post-Retirement Financial Checkup
    November 07, 2016

    Schedule a Post-Retirement Financial Checkup

    Most of us are familiar with the retirement planning shortfall in America, but at the same time there are millions of Americans who do a great job preparing for their golden years. They work hard, save with discipline and do their best to stick to a plan that will allow them to achieve their financial goals. If you are one of these retirees, congratulations! But don’t let the financial planning stop now. In fact, after you’ve entered retirement, it’s more important than ever to give your finances an annual checkup.

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  • Selling your life insurance policy testimonial video
    October 12, 2016

    4 creative ways to tackle rising health care costs when planning for retirement

    No matter how hard you worked or how much you saved, the sad reality of today’s economic landscape is that the rising cost of health care can quickly eat away at your retirement fund.

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  • rsz_1life-insurance5-crop-600x338
    September 28, 2016

    How to Rescue Seniors from Lapsing Life Insurance Policies

    LifeHealthPro’s sister platform, BenefitsPro, reminded us on Sept. 12 that our industry needs to evolve to meet the needs of a graying population. Roughly 10,000 baby boomers are turning 65 every day, a group that accounts for 28 percent of the U.S. population.

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  • rsz_12shutterstock-1720489882
    September 08, 2016

    What Can Seniors Do When Their Life Insurance Premiums Are Increased?

    Last week, the Wall Street Journal reported on the latest developments in a wave of sudden insurance premium hikes on life insurance policies that have been in force for decades.

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