Life Settlement Statistics

If you or somebody you know is one of the 6,000 Americans who turn 65 everyday,1 you would do well to familiarize yourself with life settlement statistics.

Approximately 90% of all in-force life insurance policies lapse or are surrendered annually.2 This means that the vast majority of policy owners do not receive any benefits for themselves and are not able to leave behind money to their intended beneficiaries.

A life settlement, however, allows you to receive a significant cash settlement while you’re still alive.

The following statistics put the opportunity in proper perspective:

• Life settlements have provided more than $8 billion to policy owners over the past four years.3
• Life settlements provide more than $7 million per day to policy owners.4
• Life settlements can bring you up to 8 times more than the cash surrender value your insurance carrier is willing to give.5

Isn’t it time to explore the life settlement option?

Sources:

1. The Alliance for Aging Research, 2008
2-5. Life Insurance Settlement Association Web Site, 2009