Magna: Life Settlements An Option that is Right to Know

Every year as premiums become increasingly expensive, hundreds of thousands of Senior Americans give up their life insurance policies. While many believe it is their only choice, a growing number of states are now required to inform consumers of their other options such as life settlements. To explore these options, we travel to Austin, Texas, and hear how Magna Life Settlements is one company working with advisors and their clients to take advantage of new opportunities to boost retirement finances and the importance of sharing this option with Senior Americans.

ABOUT THIS SEGMENT
This segment was produced as part of ‘Planning Your Future,’ an in-depth news and current affairs-style program produced in collaboration by NAIFA and ITN Productions. It raises awareness of economic factors impacting Americans, such as sluggish wage growth, rising costs, underfunded retirements, and crushing student debt. The program delves into these issues and provides insight into how professional financial advisors are helping individuals, families and businesses across the nation make the right choices to reach their financial goals. The program focuses on the role that NAIFA and its members play to reduce risks and protect assets, fund major expenses like college and retirement, plan their estates, provide employee benefits, and group insurance, and secure their future.
ABOUT NAIFA
Founded in 1890 as The National Association of Life Underwriters (NALU), NAIFA is the oldest, largest and most prestigious association representing the interests of insurance professionals from every Congressional district in the United States. Our mission – to advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of its members – is the reason NAIFA has consistently and resoundingly stood up for agents and called upon members to grow their knowledge while following the highest ethical standards in the industry. www.NAIFA.org
ABOUT ITN PRODUCTIONS
ITN Productions is ITN’s production hub producing creative and commercially valuable content for the corporate, commercial, broadcast, and digital sectors. Industry News forms part of this offering and is a communications tool for leading industry bodies and national associations produced in a broadcast news program format, including interviews, news-style items and sponsored editorial profiles. For more information visit: http://itnproductions.com/industry-news/
ABOUT MAGNA LIFE SETTLEMENTS

Magna Life Settlements, Inc. is a leading life settlement provider doing business in all 50 states. Magna pays people for life insurance policies they either no longer need or no longer want. Many people have no idea just how valuable their life insurance policy is when they surrender or lapse it, and so many policies today are just given up because of inability to pay the premiums. If you fit our criteria you may be able to receive real value for something you felt had become a burden. Our team will be glad to answer your questions as you decide what to do with your policy. Find out more about life settlements at https://www.magnalifesettlements.com/