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Quiz Question: Are seniors aware of settlements?

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The question was: A recent survey found that what percentage of seniors is unaware of the option to sell unwanted life policies as a life settlement?

a) 95%
b) 73%
c) 49%
d) 21%
e) 0%

The answer is: c). A study of 218 seniors by the Insurance Studies Institute, Keystone, Colo., found that 49% of seniors were not aware of the option to sell unwanted policies as a life settlement.

Find out more in this article: Most seniors unaware of settlements: ISI