Regardless to what you may have heard, there is available cash for life insurance policies in the life settlement market.
The peak years for this secondary marketplace were from 2006 and 2007. The economic problems that started in 2008 greatly affected the amount of cash for life insurance policies for seniors to sell their policies. The reason for this is that the source of funds came from large financial institutions that were hit hard. This led to fewer funds being made available to purchase life insurance contracts.
While the sale of life settlements has slowed down, there is still cash for life insurance policies as buyers will purchase right kind of policies. This means that there was no premium financing involved and that the policies “price” based on market evaluations.
For more information about life settlements and to see if your policy may qualify, please click the LIVEpdq link today for a free policy evaluation.