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Select the best way to get in touch with you.

Life & Viatical Settlements

Get offers from buyers to sell your life insurance policy for more cash.

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General Contact

Connect with Bridge at your convenience to get answers to your question. Ask away!

Infographic: 5 Jaw Dropping Stats About Life Settlements (2024)

5 Eye-Opening Statistics in this Life Settlement Infographic. *Stats Released Annually (2022 Most Recent) awaiting 2023 data...

Brandon Selfors

Licensed Insurance Agent

Updated Dec 29, 2023
Published On: Dec 17, 2023
In 2022 (most recent stats), life settlement consumers received $789.6 million, with payments averaging 5.2 times their policy’s cash surrender value, indicating a substantial 520% increase over traditional policy lapse or surrender values. The total face value of life insurance policies purchased in settlements rose to $4.35 billion, a notable increase from $3.97 billion in 2021, highlighting a growing trend in the market. These figures, contributed by 20 LISA members representing 95% of the market, underscore the significant yet often untapped potential of life settlements for policyholders.

Check out this table and infographic below (SOURCE: LISA).

Responsive Table

Life Settlement Industry Performance Summary (2022-2024)

Statistic Value Increase/Comparison
Total Paid to Consumers $789,603,246 -
Cash Surrender Value (CSV) Exceeded $637,923,621 -
Total Face Value Purchased $4.35 Billion Up from $3.97 Billion (2021)
Completed Transactions 3,079 2.75% increase from 2021
Lapsed/Surrendered Policies 9.28 million -
Average Policy Payment vs. CSV 5.2 times 520% more
Data Coverage 95% of secondary market transactions -
5 life settlement statistics 2024

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Brandon Selfors / CEO

Life Settlement Broker

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