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How does one obtain a senior life settlement?

Updated: 8/20/2019
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10y ago

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A life settlement relates to a life insurance policy. It is when the holder of the policy decides to sell it for higher than it's surrender value but less than the full death benefit. One might do this to free up cash from a policy which is no longer needed or when premium payments can no longer be made. A senior citizen can obtain a life settlement of a policy by contacting a life settlement broker.

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Q: How does one obtain a senior life settlement?
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