By now, you may know that unwanted, unneeded, or unaffordable life insurance policies can be sold through life settlements. And, you may know, that not just permanent policies like universal life and whole life can be sold. Term policies can be sold too. But, did you know that even non-convertible term policies have the opportunity to be sold. It's true! Here is an article written for Think Advisor that demonstrates this point with two recent client examples:
Non-Convertible Term Policies Can Be Sold? Wait...what? Yes, Life Settlements Work Here Too!
Updated: Sep 9, 2023