Reason #10 to Sell Your Life Insurance… Pay for Healthcare
A Life Settlement is the sale of a life insurance policy to a third party for a value in excess of the cash surrender value, but less than the death benefit.
Life Settlements represent an important solution for a growing number of people who thought they were stuck with a life insurance policy they no longer need.Many people do not realize a life insurance policy is their personal property and can be sold.
Health care and prescription drug costs continue to grow year by year. Selling Life Insurance can be a solution to solve the problem of those rising costs.