Life settlements can be a viable option for seniors interested in selling their policies and receiving payments far greater than the cash surrender value.
Selling Your Life Insurance (Viaticals and Life Settlements)
Selling your life insurance is an option you might consider if you’re in a difficult financial situation for which you don’t see a close end. If you’re interested in selling your life insurance, this is a good starting point to obtain some basic information.
The Basics of Life Settlement and Viaticals
As an elderly person or someone being faced with an expensive medical illness who is in need of a large sum of money, you have an option that may be better for you than seeking a personal loan.