A life settlement consists of selling a life insurance policy to a company or agency other than your original insurance provider. When you sell your life insurance package, you usually receive more money than you would if you canceled or surrendered your policy. However, you also typically receive less than the policy’s agreed death benefit amount. Regardless life settlements are something to look into if you are interested in selling unwanted life insurance. Content Suggestions: Life Settlements: The Option of Selling Unwanted Life Insurance A life settlement consists of selling a life insurance policy to a company or agency other…
