When a policy owner makes the decision to sell a policy they benefit by receiving a lump sum payment and elimination of the burden of future premium payments. Prior to the emergence of the life settlement industry life insurance policies were just allowed to lapse. For qualifying insureds a life insurance policy may have a liquid present value. Many financial professionals have begun to incorporate life settlement valuations into their list of financial planning tools. This option should not be overlooked and may be considered by aprofessional advisor to fulfill their responsibility to their clients. Life Settlement cash payments are unrestricted and can be used for any purpose.