To put it bluntly, if you have a life insurance policy and are old and you need some cash, you should think about a senior settlement. Of course if anyone actually said it that way they would be slapped.
If you are struggling to pay bills or you could have a better use for your cash now rather than later you should think about a senior settlement. It is easier to sell your policy to a company when you are older because they know that your life expectancy goes down with age and health and etc.
It makes more sense for the company to a buy a policy from an older man or woman rather than a young and healthy man or woman because they do not want to wait a long time to receive the death benefits of the policy. Typically, for a senior settlement to take place, the life expectancy of the insured needs to be less than fifteen years.
To see if a life settlement is right for you, please click the LIVEpdq link that will help take you through the process.