Today a life settlement company can have two definitions. One would be the intermediary between an individual trying to sell the life insurance they own to a third party for a gain and the actual buyer or funder who will ultimately take ownership of the life insurance contract and be designated as the beneficiary. The second definition of a life settlement company may be the actual funder themselves who goes directly to the consumer without using an intermediary. Which is best for the consumer? This is a good question since the intermediary needs to take a percentage of the actual settlement payout to justify their existence there may be less cash for the seller of the life policy. However the seller who uses the life settlement company which is an intermediary may get several offers from different funders which may give the seller an advantage of selecting among several competitive offers. There are advantages to both definitions but today a consumer can visit our LIVEpdq link for a free policy review to see what the value of their policy is before they decide which way to sell their unneeded life insurance.