Cashing Out Your Life Insurance Policy with a Life Settlement

You’ve probably heard the term “life insurance settlement” countless times on the news or from friends.

It can be confusing since life insurance policies usually only pay out after someone’s death. But these settlements can be a life saver for someone with a policy that they’ve paid into for years and who is now in need of cash.

But what exactly is a life insurance settlement and how does it work? Here’s the lowdown on these increasingly popular transactions. Cashing Out Your Life Insurance Policy with a Life Settlement

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