Faq Items

A life settlement is when a senior-aged individual in fairly good health sells their life policy to a life settlement buyer. Those with a life-threatening illness such as cancer, ALS, or Alzheimer’s may qualify for a viatical settlement. Both viatical settlements and life settlements are the sale of a life insurance policy from an insured to a buyer, but the qualifications are different.

First, see if your policy qualifies. Our simple online form will ask you basic questions about you and your life policy. Once we receive your information, we will review and let you know if you are eligible to proceed with selling your policy. If so, we will connect you with interested buyers who will provide you with an offer for your life policy. It’s that easy.

A life settlement is the legal sale of an existing life insurance policy for more than its cash surrender value, but less than its net death benefit.

Yes. Many people don’t know their life insurance policy is a financial asset they have the legal right to sell. A life settlement is a legal financial transaction where the insured sells their life policy for a lump-sum cash payment. You pay for it so why shouldn’t you be able to sell it?

To qualify for a life settlement, your life policy needs to be valued at $150,000 or more. You must also be at least 75 years of age. If you are not 75 or older, you must have a serious illness such as Cancer, ALS, or Alzheimer’s.