: If the insured lives longer than expected, you pay more premiums.

: Most individuals buy through a Life Settlement Provider or a Licensed Broker .

Buying a life settlement means purchasing an existing life insurance policy from the original owner for more than its cash surrender value but less than the total death benefit. The Opportunity

: Payouts are often subject to federal and state taxes.

: Analyze the "illustration" showing future premium costs and expected payout.

: Verify the health status of the insured through third-party medical reviews.