An Arizona life settlement is subject to state oversight under a statute known as 44-1850 which was originally implemented in 2005 an since then has been revised. An Arizona life settlement like in other states is subject to state specific rules and regulations. If you are an individual looking to sell an unwanted life insurance contract in the secondary market it may be prudent to deal with a settlement broker or a settlement brokerage firm who has experience. Working with a broker may help you navigate the state requirements in a more timely fashion rather than handling the transaction yourself. For most people conducting a life settlement it is a once in a life time event. In states which have specific guidelines such as when conducting an Arizona life settlement help is sometimes necessary. If you are a senior contemplating a settlement and would like to see if your life policy is the right type for this sort of transaction visit our LIVEpdq link for a complimentary evaluation.