A man dealing with chronic health problems had a $1.5 million convertible term policy, which was about to lapse. His financial advisor suggested a life settlement, and the policy holder received $198,000 for his policy.
“I was considering letting my $3.5 million convertible term policy lapse when my advisor suggested a policy valuation. I sold my policy for $350,000 through a life settlement. Thanks, Life Settlement Advisors!”
“I had a $100,000 policy to make sure my son could attend college in the event of my untimely passing. After he graduated, I was able to sell my policy for $20,000 through a life settlement, instead of letting it