What is a life settlement?
A life settlement is the sale of an existing life insurance policy to a licensed buyer for more than the cash surrender value. Seniors often use this option when premiums become too expensive or the policy is no longer needed.
How do I know if I qualify?
Most people who qualify are age 65 or older with a policy valued at $100,000 or more. Health, policy type, and premium costs also play a role.
Does it cost anything to find out my policy’s value?
No. Your policy review is completely free. There are no fees, no obligations, and no pressure to move forward.
Will I still have life insurance after a life settlement?
No. When you sell your policy, the buyer becomes the new owner and beneficiary. You receive a lump‑sum payment and no longer pay premiums.
How long does the process take?
Most life settlements take 3–6 weeks from start to finish. Some are faster depending on how quickly policy information is provided.
Is a life settlement safe and regulated?
Yes. Life settlements are regulated in most states, including Virginia. Licensed buyers must follow strict rules designed to protect seniors.
How much money can I receive?
Every policy is different. Many seniors receive several times more than the cash surrender value, but the exact amount depends on age, health, policy size, and premium costs.
Do I have to accept an offer?
No. You can review your options and decline any offer. The review process is completely pressure free.
What types of policies qualify?
Term, whole life, and universal life policies may qualify. Even term policies can be eligible if they are convertible.
What happens after I sell my policy?
You receive a lump‑sum payment, the buyer takes over premium payments, and you are no longer responsible for the policy.
Simply request a free policy review.
We’ll walk you through the process and help you understand your options clearly and calmly.
