The game of life

For some 15 years the Life Settlement industry has provided US seniors with a means to unlock the cash potential of their life insurance. A Life Settlement involves the sale of a life insurance policy at a discount to its maturity face value. In addition to paying an upfront cash sum to acquire the policy the new policy owner continues to pay premiums and collects the full cash payout upon the insured’s demise. Many US seniors have life insurance policies that are no longer needed for the purpose they were originally intended. Whether the policy premiums have become a burden or the poli...