What is the difference between life settlements and senior life settlements? There is no difference, senior life settlements is just another name for life settlements.
One sells their life settlement policy for cash. However, the company only wants to buy from a person that is older.
For example, if they buy a policy on a 15 year old girl, they will have to wait around 70 years (give or take a few years) where as if they buy a 75 year old mans policy it will pay out much sooner and they will make more money.
Basically, the companies want to buy the policy from a person who is closer to dying because the point of buying these policies (as is with any other business) is to make money.
To learn more about senior life settlements and to see if they can benefit you, please click the LIVEpdq that will help take you through the process.