Toward the end of 2008 life insurance policy owners were virtually unable to sell their life insurance policies because of a change in the way mortality was calculated for policy buyers (Life Settlement Provider Companies.) Since that time many adjustments have taken place in the market and banks, hedge funds and other buyers of and investors in life insurance policies have been somewhat squeamish. Now that mortality calculations have stabilized the market is seeing an increased interest by investors in re-entering the life settlement market.
Where’s The Money?
2010 was a quiet year for the life settlement business and seniors wanting to sell their policies were stuck in a buyer’s market and either did not sell their policies or sold them for less than the 23% of face average buyers were accustomed to seeing in 2008 before the market adjustment. The money is back! As more buyers re-enter the market the prices paid for policies should increase in 2011. While still early in the year and it is still a buyer’s market, more investment demand will create higher pricing for policies and life insurance policy owners will once again feel like they can get value from the sale of their policies on the secondary market.
What If I Want To Sell My Policy?
To get the most value from your life insurance policy call a qualified, experienced and licensed life settlement broker. The broker will guide you through the simple process.
By: Ronnie Katz, CPA
Settlements For Life, LLC
http://www.settlementsforlife.com/
