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Bobbie Sage

Life Insurance Settlement for Quick Cash?

By , About.com GuideMarch 27, 2009

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In these economic times, everyone is looking for ways to get cash. If you have a life insurance policy you may have considered a life settlement. According to www.bloomberg.com, "Retirees seeking extra cash last year could sell a $5 million life insurance policy to investors for $1 million. Today, the price is as low as $600,000." According to the same article many people are now trying to sell their life insurance policies.

Do you have a life insurance policy and have considered cashing out or a life settlement? Understanding what is the best life settlement option for you starts with research.

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