What Is a Life Insurance Settlement?
A life settlement allows you to sell a life insurance policy you no longer need or can’t afford for immediate cash, often more than the cash surrender value. It’s a regulated, safe way to access the value of your policy without waiting for a claim.
Why Consider a Life Settlement?
More Cash in Hand
Get more than the insurer’s surrender value — often 4× to 7× higher, giving you cash when you need it most.
No More Premiums
Stop paying ongoing premiums once the sale is complete, freeing up cash flow for your other priorities.
Flexible Uses
Use the cash for retirement, medical bills, debt repayment, long-term care, or other financial goals.