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Follow on Google News | Life Settlements Option, As COI Rates IncreaseUniversal Life Insurance Policy Premiums Spike Due to Prolonged Low Interest Rates
Unexpectedly though, major carriers raised COI rates in recent months, causing many insureds to take a closer look at their coverage and premiums. Policyholders 70 years and older felt the greatest impact from the changes as they approach and surpass expected mortality. However, it's expected that higher universal life insurance premiums will trickle down to millions of other policyholders over time. According to a recent article in the Wall Street Journal (http://www.wsj.com/ As the experts at Trust Life Settlements (https://www.trustlifesettlements.com/ To better understand specific policy changes and review available options, policyholders should seek advise from a trusted advisor. A comprehensive policy review not only identifies any issues, but also offers potential key outcomes. For policies not currently affected by the COI rate increases, an expert will be able to look for verbiage that allows a possibility for future increases. Moreover, Investment News (http://www.investmentnews.com/ With the recent reform of life insurance policies, individuals should acknowledge their policy as an asset. In order to keep everything in line, periodic checkups will better help protect financial resources. For more information on the news of COI rate increases or the life settlement process, contact Trust Life Settlements at 800-216-2513 or visit trustlifesettlements.com (https://www.trustlifesettlements.com/) End
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