Selling life insurance through a life settlement is not a scam. It is a legal, regulated financial transaction with real consumer protection built into the process. That said, predatory actors do exist in this space, so it’s important to know

Medicaid cannot take life insurance from the beneficiary when the policy names a specific person and the proceeds go directly to them. That lets the lump-sum payment bypass probate entirely. Outside of that, Medicaid can pursue proceeds when no beneficiary

A 1035 exchange is an IRS provision under Section 1035 of the tax code that lets you swap one insurance contract for another without triggering immediate tax on any accumulated gain. It only works if you still want some form

There is no universal age at which life insurance stops making sense. When to stop life insurance depends on whether the people your policy was meant to protect still need it, not a specific birthday. Simply stopping payments and letting

A life insurance policy document can be overwhelming to look at if you haven’t seen one since you first took out your policy. But knowing which sections matter and what they tell a broker puts you in a much stronger

When you’re ready to sell a life insurance policy, the company you choose affects how much you receive and how well you understand all your options. The most trusted life settlement services for seniors all have a fiduciary duty to

Long-term care is something most people prefer not to think about until they have to. Yet, more than half of people who reach 65 will need it at some point, and Medicare covers very little of it. A life insurance

Seniors tend to find out their life insurance policy is worth more than they realized at the exact moment they’re questioning whether to keep it. That usually happens when premiums have become difficult to pay, when the coverage no longer

Senior life settlements let you sell a life insurance policy you no longer need for a lump sum that exceeds what your insurer would pay if you were to surrender it. If you’re in your mid-70s or older and have

Life insurance is a financial safety net, especially for people with young families. As you age, though, your policy may become unnecessary or stop fitting your goals. If you’re considering selling it, you have two main options: a viatical settlement