- The LIFE SETTLEMENT industry has grown from zero to $16 billion since inception in the mid 1990's.
- Estimates suggest this figure will grow to $160 billion over the next 2 decades.
- The current demographic is creating a large demand in the life settlement market because those 65 and older will grown by 90% over the next 25 years.
- 80% of all policies are purchased as a means of income protection for dependants. When those needs no longer exist a life settlement may be a viable option.
- $9-12 billion of life insurance is in force today and by 2030, $800 billion will be in force by seniors.
|