While looking into life insurance I came across a few different websites that talk about Life Settlements. In big bold letters on most of the sites I was shown that I can get a policy from $25,000 to $500,000 without having to show any medical records or even a life expectancy report. So basically Life Settlements are a fancy way of saying life insurance, only you can collect on it while you’re still alive. According to sub-text a life settlement is when the owner of a policy sells said policy for a lump-sum payment. So say you’re life insurance covers…more»