There are hundreds of successful cash settlement payout case study examples as this market has grown to what it is.
Most of the time, the age group should be people 55 and older and where the life insurance is worth $100,000 in face or more. In these cases, a sizable market may exist for someone to buy your issue and create a cash settlement option for you.
People are usually eligible to a lot more than any cash value the policy might have.
Life Option Case Studies
Examples of viatical cash settlement amounts
A 75 year old man with term life insurance taken out many years ago was going to let the policy lapse. The insurance was no longer needed for the family protection it was originially intended for. Instead he sold the issue through a life option settlement and received $98,000 cash.
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