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Are life settlements common?

April 26, 2017common life settlements

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Are life settlements common?

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Yes. Emerging in the late 1990’s, the life settlement marketplace has experienced phenomenal growth, from $200 million in face value of life insurance purchased in 1999 to $11.8 billion in 2009. Futhermore, the market is projected to grow to over $160 billion over the next few years. This extraordinary growth is a testament to the benefits of this new financial technology to both the seniors who sell their unneeded life policies and the institutional investors who purchase them.