Pacific West: Exploring the History of Life Settlements

Posted by Admin / April 23rd, 2014

Life settlements first became available in the late 1980s as an alternative to the surrender value options offered by most insurance companies. Surrender values for life insurance policies were set to extremely low levels. In many cases, the value was listed as 10 percent or less of the face value of the policy. Life settlements allowed policyholders to receive more money for their life insurance policies and provided added profitability for investors. Today, life settlements are a valuable source of cash for older retirees and those with ongoing medical problems. The investments offered by Pacific West Capital Group are designed to optimize profits for clients while ensuring funding for senior citizens during their time of need.