Insurance-based Income Streams

Insurance-based income streams are increasing in popularity. This area includes Annuities, structures settlements, workman's compensation awards, funeral pre-need contracts and purchase assignments, and viatical settlements.

The best efforts of all parties to meet the current and future needs of the injured person may sometimes fall short when circumstances change after the settlement. Estate planning sometimes cause the same type of dilemma. We can provide funding of the settlements or annuities which were set up to address those changing needs. We can purchase the entire amount or just enough to meet your current needs, leaving you with the security of future income.

An additional area that is added to this basic group which is not based solely on insurance proceeds is inheritances and trusts.

Of this group the area of viatical settlements is probably the least understood. Viatical settlement is the term for a financial option, available to individuals living with a terminal illness that allows qualifying life insurance polices to be converted into cash. This is different from the accelerated benefits provisions of insurance policies.

ANNUITIES	FUNERAL	VIATICAL
STRUCTURED SETTLEMENTS WORKMAN'S COMPENSATION INHERITANCE AND TRUSTS	PRE-NEEDS PURCHASE	SETTLEMENTS ASSIGNMENTS

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