I stumbled upon a blog post about JG Wentworth from sprezzaturarrd.blogpost.com Download jg_wentworth_sponsored_blog_post_4122007.pdf which discusses cash now for structured settlement payments. The author seques into a blurb about "cash now" for life insurance and I quote this excerpt:
"The same goes for life insurance. Sometimes it would be very beneficial if you had the money from your policy now (instead of letting you (sic) others squander it for you)." The author then goes on and tells you how "impressive" JG Wentworth isuntil... you finally discover that this post is "partly" sponsored by JG Wentworth. Do I really need to explain that most people buy life insurance to cover the risk of premature death of a breadwinner, a key business partner, to fund a buy sell agreement, to equalize an inheritance, to pay taxes at a discount, to pay off a mortgage with minimal expectation of living benefits? The JG Wentworth shill apparently doesn't get that the insured will be dead so the issue of "squandering it for you" is irrelevant. I'm not saying that it would never be a consideration to sell a life insurance policy just not for the reason that this yutz says.
Clearly "sprezzaturd", or Anon M. Us, or whatever his/her real name is, provides nothing of real value other than to give me yet another an opportunity to shine the light on how low JG Wentworth will apparently go to get business. If this is called creating a buzz, I say buzz off!