Like viatical agreements for the terminally ill, life settlements let clients buy or sell life insurance policies. The sooner the seller dies, the higher the buyer’s rate of return. Would you help a client sell his or her policy?
Would You Help Clients Sell Their Life Insurance?
No way. These agreements are legal, but they’re so distasteful they shouldn’t be.
Yes, I’ve used them and it has worked out well for my clients.
I’ve never used them but would consider it under the right circumstances.
I’ve never heard of this practice before.