Senior Settlement Insurance

Senior Settlement Insurance Qualifying Information

Whether you qualify for a senior settlement or not depends on the type of life insurance, the age and health of the insured and the amount of premiums needed every year. Most types of individual life insurance are accepted into a senior settlement. These include term, whole life, universal and survivorship coverage. The amount of life insurance in-force must be above 100 thousand dollars, and the coverage needs to have been in-force for at least 2 years.