How to Sell Your Life Insurance Policy

We’ve taken the guesswork out of understanding if your life insurance policy qualifies to be sold for cash. Our instant life settlement calculator has helped tens of thousands of policyowners understand what their policy may be worth, and it can help you too. Getting started is easy, and the process is painless.

1
Submit your policy and get an instant estimate. Get your FREE instant estimate online or call us for a free policy evaluation.
2
Complete the authorization. Ovid does all the heavy lifting for you, and the authorization enables us to do it.
3
Receive your settlement! If your policy qualifies, you can choose between a cash settlement, coverage with no future premiums, cash for life, or a combination of any payout option!

Why You Should Consider Selling Your Life Insurance.

Thousands of policyowners choose to sell their life insurance policies every year. In fact, policyowners sold more than $4.7 Billion of life insurance to life settlement providers in 2023.1 The reasons for selling are as diverse as the policyowners themselves. From purely economic reasons to changing beneficiary needs and estate planning purposes, there are countless reasons policyowners turn to life settlements. If you find yourself in any of the situations below, you should consider selling your policy as a potential solution.

The policy is no longer affordable.

Increasing premiums or changes in your financial situation could mean your policy is no longer affordable. Or, like many, you’d simply rather save the premium payments.

You need cash more than coverage.

Retirement and medical expenses are growing faster than ever, and your life insurance may be an unexpected source of liquidity to help cover expenses.

You no longer have a need for the policy.

If you’ve sold your home or business, or your beneficiaries have become financially independent, you may no longer have a need for the policy.

You just don’t want it any longer.

We get it, sometimes policyowners just don’t want or need their life insurance any longer. But don’t lapse or surrender your policy before getting an estimate of what it may be worth.

Here’s What People Are Saying.

Best customer service I have experienced in years!

Tammy, June 2024

When my only option was to walk away from a term life insurance policy or sell, I chose the latter … Ovid is the one you need to call.

Suzanne, May 2024

Working with Ovid…was wonderful. We [are] completely satisfied with our results and the support given by Ovid.

Robin, September 2023

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