Life settlements congress has proven that life settlements are truly trades of assets for money. When someone sells their undesirable life insurance policy for a cash settlement they can do what they want with the proceeds. Life settlements congress has defined laws in 38 states.
Each state has its own life settlements congress that actually looks at the transactions to see if they are beneficial to seniors. When a senior sells his/her policy through a life settlement the laws of the individual state govern the transaction.
This system, although confusing, has kept life settlement transactions in check and weeded out some of the weaker agents in the field. It takes a true professional to go through the process the right way the first time and get it done in a timely manner.
Qualifying for a life settlement requires a senior 65+ who has had a policy for 2 years or more and who no longer needs that policy. Some people sell policies just because of the financial burden of the paying the premiums.
To see if your policy qualifies for a life settlement click on the link LIVEpdq today!