Friday, April 13, 2007

 

Setting the Stage for the Life Settlement Sales Process

Life settlements (also known as Senior or Senior Life Settlements) is the selling of ownership rights to an unwanted or unnecessary life insurance policy from the policyholder to a third party – a group of investors or a life settlement company. The policy seller receives immediate cash for the policy from the purchaser. The market value of life settlement is greater than cash value of the life insurance but less than the net death benefit.

Setting the Stage for the Life Settlement Sales Process
Source: Insurance News Net

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