Understanding Reverse Life Insurance

Understanding Reverse Life Insurance

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Understanding Reverse Life Insurance

life settlement calculator While it’s common knowledge that life insurance policies are designed to provide monetary benefits to beneficiaries after the policyholder’s death, these policies also have other versatile uses. For example, life insurance policies can be leveraged to cover expenses like medical bills or debt while the policyholder is alive.



The ability to sell a life insurance policy is a rising trend that many are unaware of. Reverse life insurance, or life settlements, lets policyholders transform their policy into cash on hand. This option can be particularly beneficial for individuals seeking immediate financial relief.

Reverse Life Insurance Explained: How Does It Work?

viatical settlement calculator ‘Reverse Life Insurance’ and ‘Life Settlements’ are terms that many confuse, though they have distinct meanings. Though related, Reverse Life Insurance and Life Settlements are not synonymous.

Reverse Life Insurance is an umbrella term covering multiple ways to monetize a life insurance policy. By contrast, Life Settlements focus on selling the policy for an amount between its surrender value and death benefit.

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