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Real-World Examples and Financial Insights
According to the Life Insurance Settlement Association, life settlements have become an increasingly popular option, with the market growing significantly over recent years4. For example, a 75-year-old policyholder with a $1 million policy might receive an offer ranging from $150,000 to $300,000, depending on health and other factors5. This substantial sum can provide much-needed liquidity for those in retirement or facing unexpected financial challenges.