If you’ve been thinking about selling a life insurance policy that no longer meets your needs, you’ve likely come across the idea of a life settlement before. In case the term is new to you, a life settlement is a
The Life Settlement Blog
How Much Money Do You Get When You Sell Your Life Insurance Policy?
Can You Sell a $50,000 Term Life Insurance Policy? (2024 update)
(3 minute read) The world of life insurance can be complex and intimidating, but understanding the basics is essential for anyone looking to secure their financial future. One common question that arises is whether it’s possible to sell a $50,000
How Profitable is Selling a Life Insurance Policy to a Life Settlement Provider?
(3 minute read) Depending on whether you’re an insurance agent or a life insurance policyholder “selling a life insurance policy” can mean different things. For an agent, it means doing their routine work—selling policies to clients. If you’re looking
How Much Can You Sell A $100,000 Life Insurance Policy For?
Did you know you can sell all or a portion of a life insurance policy, even term insurance? (4-minute read) For many people, buying life insurance is something you do early in your adult life. It’s a form of protection
Sell a Life Insurance Policy: Your Life Settlement Questions, Answered
(6 minute read) For decades, life insurance policies have provided seniors with peace of mind that their beneficiaries will be well taken care of in the event of their passing. And for many seniors, their policies serve them well—so they
Is It a Good Idea to Sell Your Life Insurance Policy?
( 3 minute read) If you have a life insurance policy you no longer want or need, you might be interested in a life settlement. This transaction involves selling a life insurance policy in exchange for a cash sum.
Pros and Cons of Selling a Life Insurance Policy
(4 minute read) Here at Life Settlement Advisors, we’ve seen so many cases where people could greatly benefit from selling a life insurance policy. Let’s look at a fictional example of a woman named Hazel, based on real experiences:
Can You Sell a $50,000 Term Life Insurance Policy?
( 3 minute read) In most cases, selling a life insurance policy for a life settlement requires a minimum death benefit of $100,000. Unfortunately, you usually can’t sell a life insurance policy below that value—but don’t give up just yet.
At What Age Can You Sell Your Life Insurance Policy?
(10 minute read) Selling a life insurance policy that you no longer want, need, or can afford to pay the premiums on isn’t a decision to take lightly. That being said, pursuing a life settlement—rather than continuing to pay
How Do I Sell My Life Insurance Policy for Cash?
(4 minute read) Selling a life insurance policy you no longer want or need may be easier than you think—especially with the right help. Life settlements are a great way to turn an unwanted or unneeded policy into cash that