Life Insurance Settlements

Life settlements have changed the way we think about life insurance. For consumers, life settlements and the secondary market for life insurance have unlocked the market value of life insurance, transforming unneeded policies into assets with significant value. A life settlement is a financial transaction in which a policyowner sells an unneeded life insurance policy for more than the policy’s cash value and less than its face value. But life settlements represent much more than an exit strategy for unneeded life insurance policies. With the assistance of an experienced advisor, a life settlement can be a springboard to achieving a policyowner’s broader financial objectives.