Today, seniors seek life settlements as an option for unwanted life insurance more than ever. In fact, the total face value of life settlements expected in 2012 tops $3.8 billion. Settlements are permeating younger generations of Americans too, as more than one in four baby boomers (29 percent) would consider selling a life insurance policy to fund their retirement. Should you consider a life settlement?
We pulled research from sources including industry research firms Milliman, Inc. and Conning, and our own nationwide 2012 survey of baby boomers, to produce the following infographic. Play “The Game of Life Settlements” by answering the game board’s questions and follow your answers on to help you determine if you make a strong candidate for a settlement.