What you need to know about life settlements.

What you need to know about life settlements.

It’s not uncommon for a policyholder to decide to work with a life settlement provider in order to receive much-needed cash. The sale of a life insurance policy occurs between a policyholder and a life settlement company.

A life settlement is given when an individual sells their life insurance policy for cash. They can then use the cash to fund items such as retirement, living expenses, or medical bills. A life settlement is a viable option for policyholders who wish to benefit from their policy’s funds now instead of later.

Sell My Life Insurance Policy streamlines the process by connecting you with life settlement companies that are ready to make an offer for your policy. While individuals don’t often receive face value for their policy, the cash offer they receive is a fair price. The life settlement market is steadily growing because more and more people, particularly seniors and terminally-ill individuals, are reaching out to buyers to utilize the money they can receive from selling their policies now.

Viatical vs. Life Settlements

Viatical vs. Life Settlements

Those with a life-threatening illness such as cancer, ALS, or Alzheimer’s may qualify for a viatical settlement. A viatical settlement can help individuals with a short life expectancy cover expenses like long-term care costs. For someone with a serious illness, receiving their policy’s cash value can be in their best interest to help them cover ongoing medical expenses during their last year or final months.

We make selling your life insurance policy simple.

We make selling your life insurance policy simple.

Sell My Life Insurance Policy was created to simplify the life settlement process. We do this by connecting you with multiple life settlement companies at once, saving you the hassle of individually researching and reaching out to life settlement companies. After putting you in touch with our partners, you select the best company for your needs to receive an immediate lump-sum payment for your policy. To get started, complete our simple, 3-step form. With a few clicks, you’ll be on your way to getting cash offer for your policy now.

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