Thinking of selling your life policy?
Understand your options before you decide. Prepare to speak with a licensed life-settlement partner about selling your policy.
Online requests and phone calls are not available yet.
This is an educational website, not a licensed broker or provider. We do not buy policies, seek offers, or negotiate for you. Partner contact is not available yet.
Understand the process before making a decision.
Consumer guidance from NAIC and FINRA
What is a life settlement?
A life settlement is the sale of an existing life insurance policy to a third party for a cash payment that is less than the policy's death benefit.
It is a sale of your policy, not a loan. It changes who owns the policy and who receives the death benefit.
Understand the processYou sell the policy
A third party becomes the new policy owner. You receive the agreed payment instead of keeping the policy.
The buyer pays the premiums
The new owner takes responsibility for future premiums needed to keep the policy in force.
The death benefit changes hands
The buyer receives the policy's death benefit when the insured person dies, rather than the original beneficiaries.
Selling is one option.
Understand the others.
Before considering a sale, ask your insurer about the options your current policy allows.
Keeping or changing coverage
Ask whether your beneficiaries still need the protection and whether you can reduce coverage or premiums.
Using existing policy benefits
Depending on the contract, cash value, loans, or accelerated death benefits may be available. Ask about costs and effects on coverage.
Surrendering the policy
If the policy has cash surrender value, ask what you would receive after charges and how a surrender would affect you.
A decision with lasting consequences
Selling affects your beneficiaries. Proceeds may be taxable or affect public assistance. Buyers may receive and share medical and personal information. Discuss these issues with your own advisers before deciding.
Read the risksQuestions worth asking.
How is selling different from surrendering a policy?
A surrender ends the policy with the insurance company in exchange for any available cash surrender value, after applicable charges. A life settlement sells the existing policy to a third party, which becomes the owner and pays future premiums. Ask about the net amounts, costs, and consequences of each option.
Can any life insurance policy be sold?
No. Whether a transaction is possible depends on the policy, the insured person's circumstances, applicable law, and a buyer's requirements. This site does not determine eligibility. A licensed professional where required can explain the requirements that apply to a particular policy.
How much could a policy be worth?
There is no standard amount. Age, health, premiums, the death benefit, policy terms, and buyer interest can affect offers. This site does not value policies, obtain bids, or promise an offer. Ask a professional to explain all costs and the amount you would receive after them.
What happens to my beneficiaries?
In a life settlement, the buyer receives the sold policy's death benefit when the insured person dies. The original beneficiaries no longer receive that benefit under the sold policy. Consider their needs and discuss any remaining coverage with your own advisers.
Choose how to ask your questions.
The planned next step is an online request to a receiving company or a phone conversation. Neither option is available yet.
Before sharing information, know which company you are contacting, whom it represents, and how it is paid.
- Ask whether selling fits your family's needs.
- Ask about alternatives, costs, and required licenses.
- Read the receiving company's privacy terms.
Request information online
Not available yet
The planned form will be hosted by the receiving company, not this website. No company form is connected yet.
Prefer a phone call?
Not available yet
A phone number has not been provided. There is no working call option on this website yet.
Do not send personal, medical, or policy information to this site. We do not assess policies or arrange a sale for you.