Bill Boersma: On Life Insurance

Why would they do this? What are the advantages/disadvantages of accepting this offer?

I recently received another communication from a life insurance company looking to purchase back from the policy owner a life insurance policy issued years earlier.  Offers like this happen periodically, but this is the first time I’ve see it from this carrier.

In these situations, the insurance company offers the policy owner more money than the current cash value to surrender the policy.  This approach often take the policy owner by surprise, and they start asking questions.  The first is “Why would they do this?” For full post, click here…