Are senior life settlements currently a good investment for seniors? A number of senior individuals have similar situations but in reality each individual situation is unique to their personal financial condition. Today senior life settlements do not demand such a high cash payment to acquire the seller’s life insurance policy as they have in past years. There exist several reasons why we are in this current environment. Two that readily come to play and are a fact for both the selling and buying party is the lack of capital in the current settlement market place and the fact that current life expectancy assessments are more conservative than they have been in past years. A conservative life expectancy reflects a longer life expectancy. If a senior individual can no longer afford the premiums required to keep their life policy in force and a cash settlement greater than the cash surrender value paid to the insured by the issuing carrier than senior life settlements may be a suitable alternative.
For more information on life settlements or to see if you qualify for a life settlement please click on the LIVEpdq link.