A life settlement empowers you to sell an unneeded or unwanted life insurance policy and receive its fixed-cash value. Pioneered by a landmark ruling by the US Supreme Court nearly a century ago, life insurance policies are acknowledged as personal assets, comparable to any other possession. This grants you the flexibility to sell your policy whenever you choose, receiving immediate payment.
For more in-depth insights, explore our comprehensive Life Settlements Q&A menu to gain a deeper understanding of this financial option and make informed decisions about your life insurance policy.
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