Life Insurance Settlements with Jamie Mendelsohn
Got an old life insurance policy you’re thinking of getting rid of because it’s no longer necessary? Jamie Mendelsohn talks about how it could be more valuable than you think and shares her expertise into how to determine its value and potentially sell it!
Listen to us On
About the Episode
LifeBlood: We talked about what life insurance settlements are, how they work, how they’ve changed and evolved over time and the current state of the industry. We discussed why someone would consider a life settlement, the potential upside for them versus simply cashing in the policy, how to determine the value of your policy, how the auction process works to sell your policy, and who the common buyers of policies are.
We talked about the types of policies that are the best candidates for this process, how to think about the risks associated with purchasing a life insurance policy, and the mindset shift of beginning to think about your life insurance policy as an asset with Jamie Mendelsohn, EVP of the Ashar Group, an organization focused on life insurance settlements, policy valuations and trust asset reviews.
Listen to learn how to determine the value of your old life insurance policy and how to figure out if there’s a potential buyer for it!
For the Difference Making Tip, scan ahead to 16:17!
You can learn more about Jamie at AsharGroup.com, Facebook, Twitter and LinkedIn.
Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review wherever you listen and subscribe as well.
You can learn more about us at MoneyAlignmentAcademy.com, Twitter, LinkedIn, Instagram, Pinterest, YouTube and Facebook or you’d like to be a guest on the show, contact George at [email protected].
George Grombacher
Lifeblood Host
Jamie Mendelsohn
Guest
More Episodes
Tired of Being Broke? Do These Three Things
I was tired of being broke, living paycheck-to-paycheck, and drowning in credit card debt. It felt like I was trapped in a recurring nightmare where there was never enough money to go around. And I was right. Sadly, almost two-thirds of Americans are stuck in...
How to Confidently Say “I Am Worthy”
When you say, “I am worthy” do you believe it? For many years, I didn’t (more on that in a bit). Here’s a secret: Everyone experiences self-doubt when it comes to feeling worthy. Many top performers in every industry have admitted experiencing some form of imposter...
What Are Wellness Dollars?
Wellness dollars are funds health insurance companies make available to offset the cost of employee wellness programs. We all want happy, healthy, and productive employees. Our people are the lifeblood of our organizations, and our most valuable resources. And...
How To Do Better Financially
As someone who is trying to get 1% better every day, I’m always working to do better in every area of my life. How do you think about self-improvement? An area where I think there's a lot of opportunity to improve is personal finance. Because it’s such a broad...
How to Think Through Your Retirement Lifestyle
What do you think about retirement? Are you excited? Are you prepared? Will you ever retire? Will you always keep working? What will your retirement lifestyle look like? Here’s one thing I know for sure: the only way to live how you want is to know how you...
How to Be More Thoughtful with Your Money
A wake is what’s left behind. Boats leave a wake in the water. People leave emotional wakes behind them. The choices we make with our money also leaves a wake. Think about it like this: You’re going out for dinner tonight and you’ve narrowed your choices down to...
How to Stop Living Paycheck to Paycheck
Living paycheck to paycheck sucks. I know, because I lived it. For much of my 20s, I did a terrible job managing my finances (even though I was working in personal finance), and living paycheck to paycheck was one of the byproducts. Because I did it, I...
6 Tips for Solving the Money Problem
We are struggling with money. Almost two-thirds of Americans are living paycheck-to-paycheck. Half have less than $500 in savings. The average credit card debt is over $6,000. I share that because if you’ve got money problems, you’re in good company. ...
How to Laugh in the Face of a Recession
While recessions can be a big deal (especially where your finances are concerned), it doesn't necessarily have to be all that scary if you're adequately prepared for when trouble hits the fan. Here are some helpful things you can do to help you laugh in the face of a...
Join the show.
Interested in being on the show? Tell me a little bit more about you and what you’d like to talk about!