Most people don't expect to ever use, enjoy, or even see the money from their life insurance policy. As today's guest brilliantly pointed out, life insurances feel more like death insurance because their benefits are available only after the policyholder passes.Today, you'll learn there's a way for policyholders to access their money while they're still alive.In this episode, Rob Haynie explains how to sell your life insurance policies for cash through Life Insurance Settlements. With over 30 years in the life settlement industry, Rob is the Managing Director at Life Insurance Settlements, a recipient of LISA’s AHB Leadership Award, a podcaster, and a NAILBA ID20 Award honoree.Listen to episode 65 of On Life With Helen and learn how to turn life insurance policies into cash that could solve many issues, turn lifelong dreams into a reality, and even avoid family disputes over inheritance. You'll also hear success stories from permanent and term policy settlements, why life insurance settlements are gaining awareness, whether or not you'll pay taxes after selling them, and much more.In This Episode, You Will Learn:What is a life insurance settlement? (2:10)Who is eligible to sell their life insurance policy? (8:00)Am I going to pay taxes on my life insurance settlement? (11:20)Why not use your settlement for healthcare and take care of your aging? (12:30)Your life insurance is a dormant asset (16:50)How settlements can avoid family disputes (20:00)Success stories of permanent and term policy settlements (23:10)Connect with Rob Haynie:LinkedInLife Insurance SettlementsSubscribe to the Life Insurance Settlements YouTube channelFollow Life Insurance Settlements on LinkedInFollow Life Insurance Settlements on XFollow Life Insurance Settlements on FacebookLet's Connect!EmailLinkedInWebsite - Ornellas InsuranceFacebook Page - Ornellas & Associates Insurance ServicesFacebook Profile Helen Ornellas Lanham Hosted on Acast. See acast.com/privacy for more information.

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