We've been in the life settlement business a long time. Here are the most common reasons people sell their policies for cash.

In 2009, the IRS Revenue Ruling 2009-13 was passed. At the time, many complained that the stipulations of this ruling were unfair and poorly reasoned from a life settlement tax standpoint.

When applying for a life insurance policy and considering all of the riders available from the insurance company, many people choose to add an "accelerated death benefit" rider.

Selling a life insurance policy for cash to a third party can be a long process. However, the same four key players involved in the process offer a rare constant throughout each case.