Life Settlement
Blog & Resources

How Life Settlements Can Help Cover Long-Term Care Expenses for Seniors For covering health care costs, many seniors in the US rely on Medicare or Medicaid. In fact, approximately 44 million are currently enrolled in the nation’s Medicare program and that number is expected to rise to 79 million by 2030. As for Medicaid, approximately 7.2 million low-income seniors — who are also enrolled in Medicare — rely on the program to cover their medical

ORLANDO, Fla., May 20, 2021 — According to the annual report filed by the Life Settlement news outlet, The Deal, Abacus Life Settlements continues to be one of the top buyers in all reported categories by providing industry leading value to their clients year-over-year. Since 2017, Abacus has outperformed the leading buyers in settlement offers as a percent of face value by paying out over half a billion dollars to policy sellers. The Deal reported

The Different Types of Life Insurance Explained in 2021   Despite most consumers expressing a willingness and desire to financially protect their family from hardships after the death of a breadwinner, almost half of those in the U.S do not own life insurance. According to LIMRA, there are 102 million uninsured and underinsured Americans who believe they need to buy life insurance or increase their coverage, and only 54% of adults own some type of

What is Music Therapy?  Music therapy essentially uses music as a tool for improving the emotional, cognitive, and physical health of people suffering from a variety of debilitating conditions. Experts look at it as an ‘expressive therapy’. It can entail anything from simply listening to a certain kind of music, guided therapies, to throwing musical performances. Studies tell us that music therapy benefits dementia sufferers much in the same way it does those with PTSD,

Timeline of Life Settlements Life insurance is often a senior’s largest asset and one they can use to alleviate retirement challenges – but they don’t treat it that way. They rarely realize it belongs to them, not the insurance company, and can be sold for more than its cash surrender value, but less than its death benefit, if they believe there is a better for the equity they have built. A life insurance policy is

Why Life Settlements are a Safe Option One of the most common concerns of a client is whether selling their life insurance policy is safe. With the current pandemic, seniors in the United States have been put on a financial burden to cover costs of medical care, income loss, and more. Understanding what the life settlement option can be a viable solution for those needing cash now. Oftentimes, clients ask: Are Life Settlements safe? The