US Edition — It's a Wonderful Life Settlement

<p>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 <em>Cloud 9fin</em>.</p><p>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.</p><p>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?</p><p>Tune in to learn everything you need to know about the death capital markets.</p>