Life settlement bonds are an investment that is backed by life insurance policies. Some people refer to life settlement bonds as “death bonds” because they rely on the death of the individual that settled their life insurance policy. Life settlements over the years have helped several individuals that are either struggling to pay their insurance premiums or no longer need the insurance that they had purchased several years ago. The most common type of life settlement to result in life settlement bonds is the senior life settlement. A senior life settlement is a transaction typically done on an individual that is 75 years or older. This individual typically has life expectancy of 19 years or less and usually has a universal life insurance policy that they are trying to settle. If you are considering a life settlement and would like more information or a free policy evaluation please click on the LIVEpdq link today.