Life & Health Insurance/Reverse Mortgage


My mother is retired, has no debts, and is considering a reverse mortgage.  Either that, or she's going to cash in her life insurance policy so that she can travel and enjoy her last few years.  What is your recommendation?

Dear Ramona:

If you Mother is considering a reverse mortgage,please be careful of the high fees.  Since I don't know the value of either the house or the Life Insurance policy.  If she does the reverse mortgage, she should keep the Life insurance to replace the money from the house.

I also don't know your Mother's age.  Before cashing in her Life insurance she can sell it for more money than is in the policy.  This is called Life Settlements.

I would be happy to discuss this with you and her.

Hope this helps.  

Life & Health Insurance

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Ronald Blau


Questions concerning Life, Health, Diability,Long Term Care Insurance and Reitement Income. I specialize in the senior market and can also answer questions about Medicare. I am located in Arizona and have licences in 22 states. I am active in placement of all personal and business forms of insurance. I work with many different carriers in all types of insurance including Life, Health, Disability and Long Term Care as well as financial planning.


I am one of the leading producers of Long Term Care and Life Insurance in Arizona. I am also a member of the Million Dollar Round Table (MDRT). I work with seniors in the Life settlement market to get the most value for their Life Insurance policies that they no longer need.

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I am licensed in Arizona and 21 states and have a Health, Life Licenses along with Series 6, 63, 65,22 licenses.

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