Selling Your Life Insurance Policy at Life

Selling Your Life Insurance Policy. Expect to answer questions about your health. As one of the policyholders selling policy, you can sell your insurance policy to us for immediate cash today!

Finally, the decision to sell your life insurance policy. Simply put, a life settlement is the sale of a life insurance policy to a third party (usually an investor group) for more cash. Continue to pay the future monthly premiums).

How to pick the best life insurance policy

Terminating your policy early usually means getting a surrender value lesser than the total premiums already paid. That buyer becomes the owner of the policy, pays the premiums, and receives the death benefit when you die. Policies are sold through what is called a life insurance settlement, or life settlement for short. In summary, to be eligible to sell your life insurance policy, it is best to be over 65 years of age or have a serious medical condition and own a permanent (or convertible) life insurance policy that has a face value of at least $100,000.