Most seniors like to think that they have enough money saved for retirement and that they will be fine until their dying day. However, this is not the case for most seniors even if they believe they have enough saved for retirement. The reason why is many seniors become ill at some point and have very high medical bills that are not completely covered by the insurance companies. The result is that seniors have to pay the bills, cutting into their living expenses. In many cases seniors are broke from medical bills and have nothing left to live on. The answer in this situation is to consider life settlements. That’s the basic information available on selling a structured settlement. Other questions should be discussed with a financial advisor aware of structured settlements and all the details regarding them. That is because life insurance settlements allow seniors to sell their life insurance policy for a percentage of the face value. The policyholder receives the cash money for the policy and the buyer receives the policy to cash in for a tidy profit upon the policyholder’s death. If you are faced with the reality that you didn’t save enough for retirement then you will want to check out some life settlement providers today. What you find will surely please you and allow you to see that you can get the money you need when you need it without doing anything illegal.