Guidelines regarding life settlements vary from state to state. All but a few states now have life settlement regulation and licensing requirements. A growing number of states even require that the resident be advised of this settlement option by their insurance company. Before considering selling your life insurance policy, learn how your state is handling this constantly changing industry. We work to provide state insurance law links and life settlement regulation updates on a per state basis. There are many options other than letting a life insurance policy lapse. Viatical settlements provide much needed access to cash, while Medicaid life settlements can be used to pay for long-term care, essentially removing burden from your family while you are alive. A new concept is also emerging in the life settlement market, life settlement loans. Stay up to date on life settlement news in your state.