Quote:
Originally Posted by Hog's Gone Fishin
Has anybody here ever sold a life insurance policy? I'm wondering how much these places that buy them will offer. My current 500K policy is expiring so I was planning to replace it with a 250K policy, I've sent information to Covington Direct who buys policies and am waiting for their response. But if I can get 50% of the face value then I'd go ahead and get the 500k replacement and have the 250K money now. AND they would have the policy payment to contend with.
Anybody have experience with this?
|
Wait, what? Are you saying you can cash in a portion of a life insurance policy before you die or is my drunk ass reading this wrong?