Life Insurance Settlement | Sales Policy Options And Solutions

life insurance settlement is when a homeowner sells his policy to a third party policy before his death and his beneficiaries get the application. If I owned a life insurance policy of $ 1 million, which sell to a broker or an investor for $ 500,000 before he died. I would get $ 500,000 to spend on my retirement and the investor will receive $ 1 million when I'm dead. That's basically how it works.