How the life settlement market is an option for seniors

There is little doubt that retirement resources may be strained for most seniors. Personal property like a life insurance policy may not be viewed as a cash asset by a retiree. However, it could be a backstop or cash reserve to supplement shortfalls in retirement income. Currently the inventory of life insurance policies is low, and the demand in the life settlement is high. Reviewing in-force life insurance policies may generate the income seniors are looking for. Life settlement experts Erez Rotem and Alex Sirotkin of Integrity Life Solutions, LLC, are interviewed by Steve Savant, syndicated financial columnist and talk show host, on this episode of "Let's Get Down to Business."