Topic 07 of 08
Privacy and safety
Your records, licensed buyers and protections by state.
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Are life settlements regulated by the state?
Yes. Life settlements are regulated at the state level in most parts of the United States.
What are the risks of selling a life insurance policy?
Selling a life insurance policy can provide meaningful financial value, but it also involves tradeoffs that should be carefully considered. The most important factor to understand is that once a policy is sold, the death benefit will no longer go to your beneficiaries.
What protections are in place to ensure the seller’s privacy and security?
Life settlement transactions are governed by strict privacy laws and regulatory safeguards designed to protect a seller’s personal and medical information. Because medical data is used to evaluate the policy, sellers must provide written authorization before any records are requested or shared.
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