Reason #5 To Sell Your Life Insurance… The Sale Of A Business
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.
Selling your business can be an exciting new chapter in your life. For a lot of people it means starting something new. The proceeds from Selling Life Insurance on your business partner could be the first step down your new path.