PiSight BLOG

Second Hand Insurance Policies – For Real?

Second Hand Insurance Policies – For Real?

I have many a times wondered if there is a way I could trade my insurance policies like I trade stocks. Wouldn’t it be interesting to be able to do that when I need money at short notice or when I don’t see relevant use of a particular insurance policy? A number of insurance markets like Europe and the US allow trading of life insurance policies, often called as life settlements or traded endowment policies (TEP).

Life settlements

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