A life settlement is when a policyholder typically age 70 or over sells their life insurance policy to a third party investor. There are many reasons why a policyholder may consider selling their life insurance policy to investors. Many times a policyholder can no longer afford to continue to pay premiums in retirement or they may have outlived the beneficiary. The shorter life expectancy for men is an advantage in the life settlement market due to the fact a life expectancy calculation is the most important factor considered for an investor to make an offer to purchase a life insurance policy. A life settlement offer is an alternative for a policyholder to receive a much greater payout than the cash surrender value offered by the life insurance company.
The life expectancy for men is an advantage when calculating a life settlement offer but other factors will include the type of policy owned and amount of premiums necessary to keep the policy active. Please click on the link LIVEpdq for more information regarding life settlements and to see if your policy will be eligible for a life settlement offer.