Policyholders annually sell about $3 billion annually through life settlements. This market is expected to show continued growth through 2014, according to new research from Conning and retirement expert and analyst William Scott Page.
As shown in the infographic on the following page, (provided courtesy of The Lifeline Program) life insurance holders can sell unneeded or unwanted life insurance or expiring term insurance as life settlements. The proceeds can then be used to diversify, re-allocate and rebalance retirement portfolios.