What are life settlements?

Answer The term "life settlement" refers to the sale of a life insurance policy by a senior---age 65 or older---while the person is still alive. Sometimes called a "senior settlement," it can be a useful ... Read More »

Top Q&A For: What are life settlements

How to Invest in Texas Life Settlements?

Texas heavily regulates life settlements. A life settlement is an investment in a life insurance policy. This type of investment requires that the original policyholder assign his policy to a life ... Read More »

States That Regulate Viatical or Life Settlements?

In 1993, the National Association of Insurance Commissioners adopted the Model Viatical Settlement Act to protect a special class of terminally ill people. It was expanded in 2001 to include all p... Read More »

Actuality tables used in figuring out life and disability insurance settlements?

What are structured settlements?

Structured settlements work around the problems that are inherent to large, lump-sum payments. It essentially entails a payment plan in which money is awarded periodically to the winner of a person... Read More »