Policy Review
Gather the policy statement, in-force illustration, ownership information, premium schedule, and beneficiary details.
Understand the value of an existing policy
Your life policy may have another option.
A life settlement is the sale of an existing life insurance policy to a third party for a lump-sum payment. The amount may be greater than the policy’s cash surrender value but less than its death benefit.
Request a Private ReviewThe evaluation process
Explore the option without assuming the outcome.
Eligibility and offers depend on factors such as age, health, policy type, death benefit, premiums, and the policy’s financial condition.
Eligibility Evaluation
Qualified providers may review policy information and health-related records with authorization.
Compare the Choices
Consider any offer alongside keeping, modifying, exchanging, borrowing from, or surrendering the policy.
Important considerations
A settlement affects more than the policy.
Beneficiaries
The original beneficiaries will generally no longer receive the sold death benefit.
The original beneficiaries will generally no longer receive the sold death benefit.
Taxes and benefits
Proceeds may have tax consequences or affect needs-based public benefits.
Proceeds may have tax consequences or affect needs-based public benefits.
Privacy
The evaluation may require policy, identity, financial, and health information.
The evaluation may require policy, identity, financial, and health information.
Future coverage
Selling a policy can affect future insurance needs and insurability.
Selling a policy can affect future insurance needs and insurability.
Independent advice matters. Consult qualified tax, legal, and financial professionals before completing a life settlement. A policy owner should understand all alternatives, costs, disclosures, and cancellation rights.
Start with a confidential conversation.
We can help you gather the facts and understand the questions to ask before deciding.