Q Life Settlements Blog

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September 4, 2020

Travel During COVID-19, are Quarantines and Fines Possible?

Many of us want to travel – either to visit family, perhaps for special events, or for recreation or vacation. Europe, in general, is not allowing Americans to enter their countries as of today, although Britain and Ireland are open, but what about traveling around the US?

What? Are you saying there are limits on where I can go in the US? Yes, there are limitations on where Americans can travel to in the US and it may depend on where you are from.

In an August 25 article, AARP put together a recap as of that date of the restrictions to travel within the US.

17 states and DC currently require self-quarantine for two weeks upon arrival. The definition of quarantine and fines or penalties for violating quarantine vary widely. Hawaii will go so far as to arrest a person who violates their quarantine. Please look at the article referenced above and perhaps check with specific state Tourism offices when planning a trip.

In addition to state restrictions, many of the major amusement parks in your own state may have restrictions. You can check out their status as of June 22 here.

Perhaps you won’t be traveling soon but you’ve heard that your life insurance policy may have value and that you can sell it. That is true. If you are 75+ (or 65+ with significant health issues) and have a whole life, term life or universal life policy, and you would like to stop paying for that policy and instead get paid for it, please contact us through the form below. We’ll be in touch with you to answer your questions. Happy Traveling!

Author:

Steven Shapiro is the founder of the Company and also the President and CEO of Q Capital Strategies, LLC and Life Settlement Solutions LLC. Steven has been active in the life settlement industry for the last 18 years. In addition to his life settlement experience, Steven has expertise in strategic consulting, investment banking advisory services, and private equity investing. Steven holds a B.A. degree in economics from the University of Pennsylvania and an M.B.A. in finance and entrepreneurial management from The Wharton School of the University of Pennsylvania. Steven is also the immediate past Chair of LISA (having previously served as Chair), the Life Insurance Settlement Association, the oldest and largest trade organization in the life settlement industry.

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