Life Insurance Settlement

Welcome to Settle-Today.com your guide to life insurance settlement related information.

What is a life insurance settlement?

A Life Insurance Settlement is the sale of a life insurance policy to a financial institution in exchange for an immediate lump sum cash settlement. The amount paid for the policy is a discounted percentage of the policy's net death benefit and represents the present day value of the policy. This purchase price is determined by considering the insured's estimated mortality (life expectancy) and the associated cost of premiums to keep the policy in force for that timeframe.

A life settlement is a better and more lucrative alternative to letting a policy lapse or surrender. It is a great way to get value out of a policy that is no longer appropriate or one that carries expensive premiums that the insured can not longer afford.

There are 2 types of life insurance settlement transactions:

Senior Life Settlement creates immediate liquidity from a non-performing asset, allowing senior policy owners to cash out of unwanted, unaffordable or obsolete life insurance policies insuring a senior over age 65.

Viatical Life Settlement enable someone facing a terminal illness to utilize the present day value of their life insurance policy to ease the financial burdens that can be caused by the high costs of medical care.

Viatical Life Settlement Articles

Viatical fraud story leads to Elvis’ house - Added 1-16-06
Interesting article on a viatical fraud case.

Viatical and Life Settlement Consumer Information: What is Viatical Fraud? - Added 1-11-06
Article describing the different types of frauds involving Viatical Settlements.

Last-Minute Laws Have Big Impact - Added 1-11-06
Article about last minute laws and viatical fraud.

Viaticals are Now Subject to Regulation - Added 1-6-06
A federal appeals court on Friday affirmed that insurance investments sold by Mutual Benefits are securities subject to government regulation.

Viatical & Life Settlement Investments - Added 1-6-06
Shows how the investment process of viatical and life insurance settlement work.

Senior Life Settlement Articles

Should Retirees Keep Their Life Insurance - Added 1-16-06
Discusses whether retirees should keep their life insurance.

Wanted: Your Life Insurance - Added 1-16-06
Discusses selling your life insurance policy via a life insurance settlement.

Life Insurance Settlement Securitization - Added 1-16-06
Life insurance settlement securitization article from AM Best.

How to Sell Your Life Insurance Policy - Added 1-6-06
Discusses how to sell your insurance policy and provides background on viaticals and life settlements.

Viatical & Life Settlement Investments - Added 1-6-06
Shows how the investment process of viatical and senior life settlements work.

Life Settlements Are a Way to Expand on Your Legacy and Your Heir's Inheritance - Added 1-2-06
A life insurance settlement can enrich your life without destroying your Heir's Inheritance

Don't be Fooled by Surrender Value Option - Consider Senior Life Settlement - Added 1-2-06
Your life insurance policy may be worth more than it's surrender value

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Favorite Articles

How to Sell Your Life Insurance Policy

Viatical and Life Settlement Consumer Information: What is Viatical Fraud?

Don't be Fooled by Surrender Value Option - Consider Senior Life Settlement

Related Resources

Reverse Annuity Mortgages