A life settlement brokerage in general is the process of bringing together an individual who owns unwanted or unneeded life insurance with a willing buyer of such an unwanted asset. Florida is a state with specific rules and regulations that sellers, buyers and facilitators must adhere by in order to conduct a life settlement transaction. A life settlement brokerage provides a service to a life settlement agent by providing services such as compiling the seller’s medical records and obtaining life expectancy assumptions. Typically the broker has the relationship with the seller and the life settlement brokerage firm has the relationships with the buyers who may also be referred to as funders. In Florida any intermediary between the seller and the buyer must be properly licensed by the state. If you are an individual looking to sell an unwanted life insurance policy make sure you deal with a reputable settlement brokerage firm. If you are interested in seeing what your life insurance policy may be worth in the life settlement market visit our LIVEpdq link for a free assessment.