At this moment in time, studies have shown that the insurance industry actively generates billions of dollars in premiums every year. For instance, in 2016, the market for these premiums in a total of 40 countries was of $3.86 billion. However, most people are not aware of the fact that insurance policies that have cash values can be traded on the market for an even higher value, by selling it to third parties, rather than surrendering the policy. In the U.S alone, policy surrenders and lapses in 2014 were of roughly $112 billion, yet $57 more billion worth of surrenders
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fidentiaX to Disrupt the Status Quo by Taking on Multi-billion Tradable Insurance Policy Market
