The act of advertising a life insurance policy is becoming all the rage these days as people look to turn their illiquid assets into cash they can take. The concept is known as a life settlement. Of course, selling your policy is merely takes a simple good idea if you’re get a good price. In this article, we with the factors working in the pricing found in a life insurance product when selling it.
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Revenue – These are credit items because the receipt of revenue increases an asset item (eg. Cash at bank) the debit side of the transaction.
You sign your name, make the agreement regarding the repayment date, and each is deducted automatically from your bank account on the given weekend. But- if the account is empty, or there aren’t enough funds- you get a double.