Life Settlements Resurrected
A recent article in the New York Times by Paula Span “Wringing Cash From Life Insurance” indicates that the life settlement market is resurrecting itself – moving away from the affluent market and “courting middle-class people who own policies with face values of $100,000 to $500,000.” This could be good news for seniors looking for cash for medical expenses, or that once-in-a-lifetime trip around the world.
