A New Option For Whole Life Insurance Policy Holders Is Now Available From Financial Partners Of Aspen

Aspen, CO (PressExposure) March 04, 2009 -- As seen in the Aspen Times on Feb 24th at [http://tiny.cc/d1Eso]

A new option for Whole Life Insurance policy holders is now available to generate cash. Historically, individuals had few options if they no longer wished to pay premiums or wanted cash from a policy they held. Former options included: surrendering the policy for paid up, surrendering the policy for cash value, or allowing the policy to lapse—none very rewarding.

• A new, more viable option now exists—the Life Settlement, available because secondary markets have now developed for Whole Life insurance. Institutional investors and others desiring good rates of return with non-market correlated instruments may purchase these policies for substantially more than their current cash values. A Whole Life insurance policy may have a higher fair market value as determined by using Financial Partners of Aspen as a Life Settlement broker to submit your policy to multiple investors, generating a lump sum payment for you.

• Consider the case of a 76 year old male who sold his $4.5MM Universal Life policy that had no cash value to an investor to generate $1.4MM for himself. Life Settlements can be a valuable source of funds for Whole Life policy owners whose needs have changed, providing a much better option than those formerly available.

Financial Partners of Aspen specializes in Annuities, Estate Level Life Insurance, Life Settlements, and Estate Planning in Aspen Colorado. They can be reached at 970-925-9600 or info at FPaspen.com Their Estate Planning and Wealth Transfer Planning website is [http://FPaspen.com] and their blog is http://resorttown.blogspot.com. They also focus on charitable works as well with The Center for Planned Giving [http://centerforplannedgiving.org] and The Rotary Foundation.

Related Link: http://www.1888pressrelease.com/a-new-option-for-whole-life-insurance-policy-holders-is-now-pr-102804.html

About Financial Partners Of Aspen

At Financial Partners of Aspen it is our goal to guide you in making the complex world of financial products as simple and transparent as possible.

Press Release Source: http://PressExposure.com/PR/Financial_Partners_Of_Aspen.html

Press Release Submitted On: March 04, 2009 at 6:35 am
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