Ironically, the biggest caveat of
engaging in a life settlement is the reality that any life settlement policy worth selling to an investor is worth even more in the long run for the policyowner to just keep themselves, where the internal rate of return will be even more appealing (since the investor has both transaction costs to acquire the policy, and does not enjoy the death benefit tax free as the original policyowner would).
The virtue of
engaging in a life settlement is that in some cases, the buyer will pay more than «just» the remaining net cash value surrender after repaying the loan, which means the person who was going to let the policy go anyway simply gets more cash in his / her pocket.
Not exact matches
A
life insurance policy owner who
engages in a viatical
settlement will sell his or her policy to an investor.
This knowledge empowers you to
engage with executors; the most trusted and influential people
in their testator parents»
lives and those with vested moral and legal responsibility for successful estate
settlement.