What is Reverse Life Insurance?

What is Reverse Life Insurance?

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What is Reverse Life Insurance?

viatical settlement broker Most people associate life insurance policies with death benefits, but they can also serve as financial resources during the policyholder's lifetime. These policies can act as a financial cushion, covering costs such as medical or debt-related expenses.



Moreover, selling your life insurance policy is a lesser-known but increasingly popular option. Reverse life insurance, or life settlements, lets policyholders transform their policy into cash on hand. Converting a policy to cash can be an ideal choice for those requiring immediate financial assistance.

What is Reverse Life Insurance? How Does it Work?

life settlement calculator ‘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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