Life settlements for elderly and baby boomers

I have found an excellent article about the benefits of life settlements for the elderly and baby boomers. It talks about what can be done with life insurance policies that have been paid for years but are no longer needed. It could be a life insurance policy that a person bought during his or her working life to protect a spouse and children. It could be a policy that was bought to allow for purchase of shares should the shareholder of a private company pass away. The article talks about selling the policy to create a liquid asset. The article is written by Dr. Walter V. Gerasimowicz of worth.com. Click here if you'd like to read the article.