Fifth Season Financial is pleased to announce a new effort to encourage individuals with serious illness who are in need of money to look for alternatives to selling their life insurance policies.
With the financial toxicity of a serious illness diagnosis looming large, and the inability of medical insurance to cover all expenses, patients are looking for new sources of financial relief. And more and more are looking at their life insurance policies as a potential sources of assets to use now. Individuals who are facing large medical bills and other unexpected expenses may consider selling their life insurance policy in order to pay for them. But Fifth Season Financial offers a viable and often superior alternative.
Rather than selling a life insurance policy, Fifth Season Financial offers the Funds for Living and Giving (FLAG) program. The FLAG program provides individuals with a viable alternative to obtain advances against their life insurance policy without sacrificing beneficiary payouts .
Individuals who contact Fifth Season are encouraged to weigh the pros and cons of this program versus selling an insurance policy. Fifth Season makes this process simple by providing individuals with a list of questions they should ask their financial advisor before making a final decision. The list includes questions like how much money will be obtained with each option, how many people will see private information and whether there may be tax implications with the sale of a life insurance policy.
Since 2007, Fifth Season’s programs have been used to save homes from foreclosure, improve the quality of life and fight against other potential financial impediments. They work primarily with terminally ill individuals, discussing options directly with them, as well as with social workers and financial advisors who consult with individuals in need.
Anyone interested in learning about these alternative options for selling a life insurance policy can find out more by visiting the Fifth Season Financial website (www.fifthseasonfinancial.com) or by calling 1-866-459-1271.
About Fifth Season Financial: Fifth Season Financial is a licensed consumer lender primarily working with individuals who are suffering a long-term or terminal illness. They understand the financial difficulties these individuals often face and strive to help them come up with the ideal solutions to meet their needs and protect their future. They have helped individuals facing terminal illnesses since 2007.
Company: Fifth Season Financial
Address: 2777 Summer Street, Suite 304
City: Stamford
State: CT
Zip code: 06905