Senior life settlements are the act of selling a life insurance policy for less than the death benefit, but more than the cash surrender value. Often times the policy is sold for much more than the cash surrender value offered by the insurance company.
Senior life settlements have grown in popularity over the past couple of years. Much of the growth is thanks to regulation that has provided consumer protection, legitimacy to the industry and confidence to funders. It is expected that the senior life settlement market will continue to grow in popularity as one study found that 50% of all seniors who hold a life insurance policy are eligible for a life settlement.
If you can no longer afford your life insurance premiums, need cash to supplement your retirement, or no longer need a life insurance policy due to a life change, senior life settlements may be an option for you.
Click the LIVEpdq link today for a free life settlement evaluation!