Life Insurance Settlements, Inc.

Founded in 2004, Life Insurance Settlements, Inc. operates as a direct buyer of life insurance policies in the secondary market. The company's mission is to provide policyholders, typically seniors aged 65 and older, with a financial alternative to lapsing or surrendering a life insurance policy they no longer need or can afford. By purchasing these policies, they offer a cash payment that is greater than the policy's cash surrender value but less than its face value, thereby providing liquidity for medical expenses, retirement, or other financial needs. They are licensed and regulated in numerous states across the U.S. to conduct these transactions.