Group life insurance policies, as well as key individual insurance policies, may qualify for a life settlement under certain conditions.

Like any other life settlement scenario, the insured should be over 65 years of age. Seniors and people with a serious and life-threatening illness tend to represent more value in a life settlement situation because their average life expectancy is shorter – which is of interest to investors willing to purchase the policy for an up-front cash amount.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Core and Group Health
Voluntary Benefits
Consumer Driven Health Care
Wellness