Are These Policies Actually Worth Settling For?

As a way to increase their income, at a time of national economic crisis, a number of older people are selling their insurance policies that they no longer need or want.

That's according to Paul Aguirre, president, Equity of Life, LLC, in Plymouth Meeting and Skippack, a company that focuses on life settlements -- either the sale or assignment of a life-insurance policy to a financial institution for a lump sum cash payment -- for people 65 years old and older, who aren't terminally ill, and who have a life expectancy greater than two additional years.

Are These Policies Actually Worth Settling For?
Source: Jewish Exponent