President Michael Freedman recently appeared on Modern Living with kathy ireland® as sponsored programming to explain how selling a life insurance policy can provide income for seniors. Policyholders who no longer want, need, or can afford their life insurance should consider life settlements as a way to fund long-term healthcare or other retirement costs.

President Michael Freedman recently appeared on Modern Living with kathy ireland® as sponsored programming to explain how selling a life insurance policy can provide income for seniors. Policyholders who no longer want, need, or can afford their life insurance should consider life settlements as a way to fund long-term healthcare or other retirement costs.

“Most policyholders, and many of their financial advisors, aren’t aware that their life insurance has a property right that is marketable. Nine out of 10 policies never mature or generate a financial benefit,” said Freedman. “By selling their policies in the secondary market, we help our clients get the best value they can to give them a living benefit when they need it most.”

The Supreme Court ruled more than 100 years ago that life insurance is an asset — and that it can be sold for fair market value. Today, the life settlement industry is highly regulated to protect policy holders and their families. In fact, Freedman says, there is now so much consumer confidence in the market that many states are promoting life settlements as a way for seniors to fund their long-term care needs.

To learn more, watch Michael Freedman on Modern Living with kathy ireland®.

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