The Emotional Impact of Life Settlements for Seniors
April 24, 2025
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Discover how life settlements help seniors turn old policies into cash and why letting go of life insurance can be the smart move.
ENJOY WHAT MATTERS MOST IN LIFE
Category: Life Settlements
Life Settlements vs. Other Senior Care Financing Options
April 23, 2025
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Compare life settlements with other senior care financing options like reverse mortgages, annuities, and long-term care insurance.
What is a Life Insurance Buyout and How Does It Work?
March 5, 2024
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If you have a life insurance policy you no longer want or need, a life insurance buyout may be a viable option to get money
Financial Advisors: Should You Use a 1035 Exchange to Optimize Life Insurance?
October 12, 2021
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Life insurance is a long-term asset. Over the decades a life insurance policy is in force, your client’s financial situation is likely to evolve. Sometimes, that evolution is so significant that the existing life coverage is no longer a good fit.
U.S. Life Settlement Index: The Best and Worst States for Life Settlements
March 16, 2021
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Whether you’re the buyer or the seller, a life settlement can reshape your finances in short order. Unfortunately, not all investors and policyholders have access to the same level of life settlement opportunity. That’s because the secondary markets for life insurance vary in size and activity level from state to state. In our latest study, the Harbor Life Settlements U.S. Life Settlement Index, we set out to quantify those differences and identify the states that are most and least accommodating to high-value life settlements.
Fiduciaries: Don’t Ignore the Secondary Market for Life Insurance
February 9, 2021
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Read on for an explanation of the secondary market for life insurance, how it differs from the primary market, and the benefits eligible policyholders can expect to receive from the sale of their life insurance.
What is Cash Surrender Value of Life Insurance?
January 14, 2021
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The cash surrender value of your life insurance policy is the amount of cash you may withdraw if you surrender your policy to the insurance company. By doing this, you forfeit the right to the death benefit and will no longer have to pay your premiums. This is an alternative to borrowing against your policy, which would keep it in effect and require you to still pay premiums and pay interest on what you borrowed.
How Does Fiduciary Duty Apply in Life Settlements?
January 4, 2021
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Whether you’re a policyholder, an agent, or an advisor, it’s important to understand the concept of fiduciary duty and how it applies to life settlements. We’ve developed this in-depth guide to help. Read on to learn about fiduciary standards, what constitutes a breach of fiduciary duty, and the complexities of fiduciary duty as they relate to life settlements.
Life Settlement Regulations by State
December 16, 2020
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If you’re interested in selling your life insurance, it’s important to understand the nuances of the laws and regulations in your state. Some states regulate only viatical settlements, for example, while other states govern both life and viatical settlements. What follows is an overview of life settlement laws and regulations by state, including key regulatory concepts such as mandatory disclosure and waiting periods.
Life Insurance and Life Settlement Statistics for 2025
December 16, 2020
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Read on for the most important life settlement and life insurance facts and statistics for 2021 — including how many people have life insurance, the average face value of life insurance policies, how life settlement proceeds compare to cash surrender values, and how quickly the life settlement industry is growing.