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