Life insurance policy owners can now take advantage of important financial opportunities using the proceeds of an unwanted, unaffordable, or obsolete life insurance policy.

Prior to the evolution of the life settlement industry, any person who owned a policy that was no longer wanted, needed, or affordable, only had the option to lapse, cancel, or surrender the policy to the carrier for the cash surrender value.

With the advent of funding companies, such as U.S. Settlement Funding, life insurance companies now face competition for the surrendered policies that they once monopolized.

Life settlements have become a very important factor in liquidating an otherwise dormant asset. U.S. Settlement Funding has helped create a competitive secondary market for life insurance policies, allowing sellers to obtain the highest prices paid and the REAL VALUE for their policies.