
Life insurance policyholders are increasingly selling policies for cash to third parties. In 2020, the total face amount of life settlements in expected to pass $3 billion.
Annual increases in investment capital entering the marketplace, along with increases in television and digital ads, have resulted in increased consumer awareness. Policyholders are finding reasons to sell a life insurance policy, like any other asset, rather than allowing it to lapse or surrendering back to the carrier.
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