Jonny Shiver, Author at OvidLife

Life Insurance

Understanding the Life Insurance Secondary Market

Life insurance is traditionally seen as a tool to provide long-term security for loved ones–but in recent years, it has also become a source of untapped value. The life insurance secondary market offers policyholders the opportunity to sell their life insurance policies to institutional or individual investors for a lump-sum cash payment. This transaction, known [...]

Informational

Consequences of Not Probating a Will

Probating a will is often an essential part of settling a person’s estate after they pass away. Without this legal process, many issues can arise that affect heirs, executors, and the distribution of assets. Failing to probate a will can result in serious legal and financial consequences that complicate the estate and create lasting conflicts. [...]

Life Settlements

Life Insurance Settlement Options: The Complete Guide

Life insurance is often one of the most valuable assets a person owns, but many policyholders aren’t aware that their policy can be more than just a death benefit for loved ones. When life insurance circumstances change–whether due to retirement, medical expenses, or shifting financial priorities–life insurance settlement options can provide a way to unlock [...]

Informational

How to Sell Your Life Insurance Policy

Most people think of life insurance as a long-term safety net–but under the right circumstances, it can also be a financial asset. Through a process called a life settlement, you can sell your life insurance policy to a licensed third-party buyer in exchange for a lump-sum cash payment. After the sale, the buyer takes over [...]

Healthcare

Does Life Insurance Payout for Breast Cancer?

A breast cancer diagnosis can bring not only emotional and physical challenges, but also serious financial concerns. Many individuals and families look to life insurance as a safety net, ensuring loved ones remain financially secure no matter what happens. But one of the most common questions people ask during this difficult time is: does life [...]

Life Insurance

Selling Your Life Insurance in Florida: What You Need to Know

Florida is one of the most active states for life settlements, giving residents a valuable option to turn unwanted life insurance policies into cash. If you’re wondering, “can you sell your life insurance policy in Florida?” The answer is yes, and many Floridians do. Your life insurance is considered personal property, meaning you have the [...]

Life Insurance

Understanding Liquidity in Life Insurance Policies

Life insurance is not just a death benefit. It can also act as a living financial resource. Liquidity refers to how easily policyholders can access funds from their life insurance while still alive. This guide explains what liquidity means in a life insurance policy, how it works across different policy types, and options for using [...]

Uncategorized

The Most Stranger Things-Like Cities in the U.S.

Few shows capture the nostalgia of the 1980s quite like Stranger Things. From arcade lights and mall hangouts to mysterious small-town secrets, the series has become a modern classic built on retro charm and curiosity about the unknown. In celebration of the final season, we wanted to see where that same spirit exists in real [...]

Healthcare

What Happens If You Don't Pay Hospital Bills

Understanding the potential consequences of not paying your hospital bills is vital for managing your financial health. Medical debt can create a lasting impact on your credit, legal standing, and overall financial future. This article will explore what happens if you neglect these bills and provide practical advice to help you manage or resolve your [...]

Life Settlements

Life Settlement vs Viatical Settlement: What You Need to Know

If you or a loved one is considering selling a life insurance policy, two common options often come up: life settlements and viatical settlements. At first glance, they might seem similar — both allow policyholders to exchange a life insurance policy for a lump sum of cash. But when comparing a life settlement vs a [...]

Author: Jonny Shiver

Posts by Jonny Shiver