A life settlement agent helps life insurance owners, who no longer wish to keep their coverage in force, to sell their policies to third parties for more money than the policies are worth if they were cashed in or allowed to lapse. The problem is that like all agents involved in life insurance sales, life settlement agents can be honest or unscrupulous. You can tell the difference by getting to know the agent before transacting any business with him. While there are always exceptions to the rule, a good place to start checking out an agent is to review his credentials and work experience. Does he have a professional designation like a CLU (Charter Life Underwriter) or a ChFC (Chartered Financial Consultant)? If so he has passed a rigorous exam which includes testing on ethical standards, and if he is in good standing with the Society of Financial Service Professionals he has a track record in the financial services industry and is also subject to ongoing ethics requirements. On the other hand somebody whose only claim to fame is that he has sold life insurance in the past but portrays himself to be a life settlement agent might be someone whose background and references bear further scrutiny. To find a life settlement agent who has been carefully screened for professionalism and objectivity please complete a short questionnaire about the policy you might consider selling here: LIVEpdq