If you are one of many retirees faced with mounting cost of living bills or are a adviser of someone who is, you may be surprised to discover that many people overlook a natural liquid asset right under their nose: a Life Insurance policy.

In today's marketplace, a Universal, Whole Life, or even Term Life (with convertible options) policy has a cash value that can be realized by connecting with a professional in a specialized field known as "Life Settlement". A Settlement professional can access the services of a licensed "settlement broker" on an insured's behalf, and gather "bids" for the purchase of an unwanted or unneeded Life Insurance policy from a variety of funding sources. These cash bids are often 5 to 10 times the "cash value" that the policy's carrier has valued the policy at, and can provide funding for any purpose the insured desires, from funding retirement to medical or health emergencies, to purely leisure expenses. Most people do not realize that its effectively their own money that is unknowingly locked up in these policies, and they CAN access it; often the policy is even a company-purchased policy they had received at a job or in a business venture and forgotten about. If you want to enjoy your life insurance payout while ALIVE and have a policy with a face value in excess of $100,000 it may make sense to speak to a Life Settlement professional.