J
JaLee715
Guest
What is the name of your state?
Indiana
I'm 42, good health, Recently widowed, no children, now unemployed. I've had a $50,000 life policy in place for over 22 years.
Does anyone know of companies who will "buy back"(where you make the company that gives you $ the beneficiary) or will loan against the face value of individual life policy? Since I have no one to leave insurance $$ to & am needing cash a.s.a.p. seems like this would be a great solution to my problems. I don't even know the terminology for this transaction so any help would be greatly appreciated.
Thanks Much!
Indiana
I'm 42, good health, Recently widowed, no children, now unemployed. I've had a $50,000 life policy in place for over 22 years.
Does anyone know of companies who will "buy back"(where you make the company that gives you $ the beneficiary) or will loan against the face value of individual life policy? Since I have no one to leave insurance $$ to & am needing cash a.s.a.p. seems like this would be a great solution to my problems. I don't even know the terminology for this transaction so any help would be greatly appreciated.
Thanks Much!