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Monday, November 28, 2005

Life Settlement Today

A Life Settlement (or Senior Life Settlement, Senior Settlement) allows someone to receive cash for a life insurance policy that is no longer needed or is no longer affordable. Unlike a viatical settlement, the insured person does not have a life threatening illness, but is a senior over age 65 whose health has changed since the policy was issued.

However, a life settlement is very similar to a viatical settlement - the sale of a life insurance policy. In many cases, the terminology - a viatical settlement or life settlement - cannot be assigned until the medical records have been reviewed by doctors.

Find out the true value of your no longer needed life insurance policy by call 1-888-973-8377. A Life Settlement Professional would be glad to assist you with any questions.