Life insurance is an asset. For many seniors, their policy may be among the most valuable assets they own. Selling a life insurance policy can turn that asset into real value – sometimes for as much (or more) value as the equity in their home.
Mike Coben, chief distribution and business development officer at Lighthouse Life, discusses how seniors can discover “found money” by having their life insurance policies appraised, and how a life settlement can make a real positive difference in the financial lives of seniors.
