A senior life settlement seems to say you have to meet a certain age group to qualify. As AARP designates who can join, a senior life settlement does reference older age groups that meet age criteria for life settlement investor parameters. For example one investor may target ages 75-85 while another may specialize at 65-80.
A senior life settlement is the sale of life insurance policies that fall into a category of normal or average life expectancy predictions that are fewer than 15 years for example. Longer investment commitments make the investment less valuable. Scheduling future dollars to be invested can mean the return is diluted or smaller and less appealing.
Life settlement professionals have a better understanding of longevity and the health history that might help increase the offer on the policy so making sure you find the broker is critical to a successful transaction.
Being a “Senior” in the life settlement market means “Age has it’s Advantages”!
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