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Guide
to Life Settlements
TrustyLife provides information about life settlements. We
do not buy or sell these settlements. We are a nonprofit consumer
resource, providing information about these financial transactions.
Life settlements are when a life insurance holder sells his
or her life insurance policy to an investor in return for
a lump-sum payment.
The investor takes over payments on the policy and is the
beneficiary of the policy upon the death of the policyholder.
Although the process may sound morbid, it can be a rational
transaction for some people, providing them with needed money.
Life settlements are a purely financial
transaction between two parties.
We also outline the life settlement
process. This site presents some of the history of life
settlements, how they developed in response to a need.
We also discuss related alternatives
to life settlements, and we look at whether life settlements
are good investments to buy.
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