Most people purchase a life insurance policy so their loved ones are taken care of when they die. But what if you wanted to cash in on that policy while you’re still alive, to pay for necessities now?

“You’re worth more dead than alive!” the greedy Mr. Potter tells George Bailey in the classic film "It's a Wonderful Life," referring to Bailey’s life insurance policy. That may have been true for the ...

At the end of October, former New York Attorney General Eliot Spitzer sued Coventry First, one of the largest life-settlement firms in the U.S., for alleged bid-rigging and other types of fraud. Not ...

Life insurance can be a complex product, and it’s important to research the options thoroughly before purchasing. Some common ...