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
How to Get Out of Debt and Become Financially Secure in 7 Steps
I’m going to show you how to get out of debt and become financially secure in these 7 steps Know your “facts.” When talking about personal finance, your facts are your current financial situation, meaning your cash flow and budget. Know yourself. It’s imperative...
Do I Need Life Insurance, What are the Benefits and How Do I Get It?
Do I need life insurance? Like the answer to many good financial questions, the answer is, it depends. But you probably need it. Do you love someone (or something)? Do you owe someone (or something)? Do you have a family,...
Stop Living Paycheck to Paycheck: How to Master Your Cash Flow
The fact that almost 65% of Americans are living paycheck to paycheck violates one of my first principles of personal finance; spend less than you make. It’s also a perfect example of the behavior gap. Meaning, having an intellectual understanding of something,...
The Teachings of Jesus: Taking Personal Responsibility for Your Life
One of my favorite teachings of Jesus is the parable of the talents. In it, Jesus shares a story meant to illustrate the importance of putting all of your God-given gifts to work, and to take risks. Failure to do so results in negative judgment. This...
Want a Life of Significance? Here’s the Work Ethic You’ll Need and How to Get It
Having a life of significance is available to you. This will walk you through the steps to make it happen. That you’re reading this suggests you desire a life of significance, and I commend you for it. It’s my desire to help you live one. I think everyone is...
Understanding Investment Risk: Your Risk Profile
There are fewer things in personal finance more important than taking on the proper amount of risk, and fewer tools more ineffective at determining the proper amount of risk than a traditional risk tolerance profile. If you’re not familiar with what I’m talking...
What is Financial Planning and Can I Do It Myself?
Financial planning is the process of determining your financial goals, looking at your current situation, and devising strategies for achieving those goals. It’s best viewed as a process because it will need to be updated as your life changes. The tangible...
Overcoming Adversity: How to Respond When Things Go Wrong
Bad things happen to us. Me dropping my ice cream when I was four was bad. My parents getting divorced when I was five was worse. Adversity, also known as difficulty or misfortune, comes at us in different levels. The trick is what we do when it happens;...
How to Make Friends as an Adult
I’ve got friends I grew up with, friends I went to college with, and I met some of my best friends as an adult. But it can be a struggle for grown-ups to make new friends. It’s harder to develop deep relationships when we’re grown up. We’ve got a lot more...
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!