Settlements 101.com -- Info Guide to Injury, Accident & Insurance Settlements

About Life Settlements

Life settlements, sometimes called life insurance settlements or senior settlements, are an important component for estate planning. Life settlements allow you to liquidate a policy for an amount higher than the cash surrender value. In this way, you can take advantage of financial opportunities using the proceeds of an unwanted or obsolete life insurance policy.

Life settlements today are a popular financial product that allows one to sell their life insurance policy in an open market for the highest available price, and which is generally well above the cash surrender value offered by insurance companies. In this way, life settlements allow to make a from an otherwise non-performing asset.