It's a Wonderful Life Settlement

Cloud 9fin

Life insurance, on the face of it, is not the most exciting industry. The secondary market for life insurance policies, however, presents the perfect subject for a spooky Halloween special edition of Cloud 9fin.

On this week’s episode, Will Caiger-Smith quizzes Sami Vukelj — who explains how and why private credit firms are buying life insurance portfolios, and tackles some of the awkwardness involved in this morbid segment of specialty finance.

While the trade, which revolves around the ‘death benefit’ payout, leaves a bad taste in some people’s mouths. On the flip side, why shouldn’t you be entitled to the cash value of your literal life while you can still spend it?

Tune in to learn everything you need to know about the death capital markets.