Life Settlements – Common Myths

Many financial advisors are still relying on outdated or inaccurate information when considering life settlements.

Life Settlement transactions basically boil down to allowing policy holders to sell their existing life insurance to a third-party life settlement provider, ideally for a cash value in excess of the policies surrender value. Although the benefits of this option are simple and clear, advisors rightfully have questions and concerns about how to determine if a life settlement is an advantageous option in a comprehensive financial plan.

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