Understanding Reverse Life Insurance

Understanding Reverse Life Insurance

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Understanding Reverse Life Insurance

viaticals 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.



The ability to sell a life insurance policy is a rising trend that many are unaware of. 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.

What is Reverse Life Insurance? How Does it Work?

viatical settlement broker ‘Reverse Life Insurance’ and ‘Life Settlements’ are terms that many confuse, though they have distinct meanings. While both entail exchanging death benefits for cash, they differ in scope.

Reverse Life Insurance is an umbrella term covering multiple ways to monetize a life insurance policy. In Life Settlements, the policyholder sells their policy for more than the surrender value but less than the full death benefit.

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