An estimated $3 billion in life insurance is annually sold through life settlements. And, according to market research firm Conning, the life insurance settlement market will show continued growth through 2014.

Accounting for the market’s growth is the burgeoning number of life insurance policyholders who are looking to cash in on a portion of the face value of life insurance policies they no longer need or want.

As shown in this infographic from The Lifeline Program, policy owners can use the proceeds secured through a life settlement to diversify, re-allocate and rebalance retirement portfolios.  The infographic also highlights how life settlement proceeds can be reinvested into other investment vehicles to help fund retirement such as:

  • Stocks and bonds
  • Annuities
  • Real estate
  • Precious metals
  • New insurance coverage