AM I ELIGIBLE TO SELL MY LIFE INSURANCE POLICY?
You could receive more money from selling your policy than you would if you cancelled or surrendered your policy. Life settlement proceeds can be used for a variety of expenses including, supplementing retirement income, paying down debt or funding long term care. You can even keep a portion of your life insurance coverage while eliminating premium payments.
Eligibility requirements for a life settlement are based on a variety of criteria, and options vary per individual. Considerations include:
Current policy information
Life expectancy of the insured
Current age
Insurance carrier
To find out if you’re eligible, contact us for a personalized review.