What Is Life Settlement?
The fastest growing sector of the
life insurance industry
Life Settlement Defined
Life settlement is the process of selling an unneeded or unwanted life insurance policy for fair market value in the secondary market. Traditionally, policyholders could choose to continue paying premiums on unwanted life insurance, allow the policy to lapse and lose everything invested, or surrender the policy for a fraction of its value. Life settlement, through GWG Advantage, offers people another option: an immediate cash payout that can dramatically enhance their lives and add to their portfolios.
The Secondary Market
The secondary market is the financial marketplace where life insurance policies are purchased and sold by accredited investors and qualified institutions. The secondary market for life insurance policies has experienced exponential growth in the past few years, due to high consumer demand for options when they no longer wish to continue their policies. GWG Advantage, in conjunction with insurance professionals like you, provides policyholders with life settlement as a new way to realize the fair market value of their insurance policies.
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