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Life Settlements
Life Settlements, also known as Life Insurance Settlements or Senior Settlemnts, is a lump sum payment to the owner of a life insurance policy by one of many funding sources in exchange for the ownership of the policy. This can be a tremendous financial planning tool for seniors who have a policy that is lapsing or being surrendered, need for new life insurance, annuities, or long term care, insured has outlived the beneficiaries, premium payments are too high, or for any other need or reason.