The life settlement market is estimated to be worth between $15 and $20 billion. This figure is expected to grow to between $50 and $100 billion over the next decade as more people become aware of the option to sell their life insurance policies. The market provides an important funding source for policyholders who no longer need or want their life insurance coverage. It also offers an opportunity for investors to receive a higher return than they would earn on most other types of investments. A few state governments currently regulate the market, but it is not subject to federal oversight. As the market grows, increased calls for regulation to protect policyholders and investors will likely increase.