What is Reverse Life Insurance?

What is Reverse Life Insurance?

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Understanding Reverse Life Insurance

viatical settlement broker Life insurance policies, commonly viewed as a safety net for beneficiaries after the policyholder’s passing, offer more than meets the eye. Ensuring medical or debt-related costs are handled is just one way these policies can provide a safety net during challenging times.



Few people know they can sell their life insurance policy, but this is becoming a more common practice. Reverse life insurance, or life settlements, lets policyholders transform their policy into cash on hand. For those needing a sudden influx of funds, this option could be both viable and lucrative.

Reverse Life Insurance Explained: How Does It Work?

best life settlement company ‘Reverse Life Insurance’ and ‘Life Settlements’ are terms that many confuse, though they have distinct meanings. Both involve converting death benefits into immediate cash value, but they are not identical.

Reverse Life Insurance broadly encompasses options for turning life insurance policies into liquid assets. By contrast, Life Settlements focus on selling the policy for an amount between its surrender value and death benefit.

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