How To Get Paid For Your Life Insurance Policy

To Find Out If You Qualify to sell your policy, get Your Free Guide.

Find out how valuable your life insurance policy is now so you can take the next step toward cashing it in. Complete the form below to get your Free Info Guide and learn everything you need to know about life settlements.

Your policy must have a benefit amount of $100,000 or more to qualify.

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How To Get Paid Well For Your Life Insurance Policy

Imagine if there was a way to stop paying high life insurance premiums and still receive the benefits from your policy in the form of cash right now…

While life insurance is sometimes the best option for many of us, the benefits of a life insurance policy tend to run their course as we get older. For seniors whose needs have changed and who are still paying high premiums, it’s possible to sell their life insurance policies in return for a significant cash value through a life settlement.

Before you stop paying toward your policy every month, consider selling it.

First thing's first, what is a life settlement?

A life settlement allows you to sell your life insurance policy to a provider for more than the surrender value but less than the death benefit. The buyer then pays the policy premiums so you don’t have to.

This is a valuable option for many people. After all, nearly half a million seniors lapse their life insurance policies every year. Not to mention, 90 percent of those seniors wished they had known about their life settlement options, according to the Life Insurance Settlement Association.

There are several other reasons to choose a life settlement besides avoiding excessive monthly premiums. You can receive money for medical expenses, take a trip, modify your home, and of course, avoid losing the value of your policy altogether.

The question remains…How do you get paid for your life insurance policy?

To better answer that question, it’s important to first know who qualifies for a life settlement.

Life Settlement Qualifications

1 | The policyholder is age 65 or older.

2 | The policyholder is a United States citizen and current U.S. resident.

3 | Insurance type is one of the following: Universal Life (UL), Survivorship Universal Life (SUL), Convertible Term Life, or Whole Life (WL).

If you're interested in receiving a personalized life settlement estimate or have questions about the process, click here to learn more from our Free Guide or call: (561) 296-2327 to speak with a life settlement expert.

Click here to get your Free Guide and find out if you qualify (A benefit amount of $100,000 or more is required to qualify for a Life Settlement)

Request A Free Guide($100,000 minimum benefit amount to qualify)

4 | Death Benefit (face amount) is equal to or more than $100,000 with Illustrated premiums that are less than 5 percent of the face amount

5 | Policy is active and in-force for a minimum of 25 months (although some states require a policy to be in force for up to 5 years)

6 | Insurance carrier is based in the U.S. with A.M. Best Rating of B++ or better

If you meet the above qualifications, then the next step is to contact one of our life settlement experts to sell your life insurance policy. Just fill out the form below to do that now!

Steps To Selling Your Life Insurance Policy

1 | Determine your eligibility using the requirements above

2 | Your representative will help you submit the proper documentation and complete a medical interview

3 | Await your policy’s review and report to find out if you’ll receive a formal offer from a life settlement provider

4 | Consider your formal offer

5 | Receive a lump sum payment when the buyer takes over the policy

If you're interested in receiving a personalized life settlement estimate or have questions about the process, click here to learn more. All of the information you need is in our Free Guide.

It’s important to weigh your options and know the facts about life settlements before making a decision. For more information, we encourage you to fill out the form below so we can contact you if you qualify!

Request your Free Guide

Learn How To Sell Your Unwanted Life Insurance Policy For Cash

Please complete the form below to get your Free Guide and take the next step toward selling your policy. Your policy must have a benefit amount of $100,000 or more to qualify.

You can get a cash payout from your policy if it no longer serves a purpose for you. Complete the form below to get your Free Guide instantly and learn more, or call: (561) 296-2327 to speak with an expert.

Click here to Continue(A benefit amount of $100,000 or more is required to qualify for a Life Settlement)

Click here to Submit

All rights reserved. Levy & Goldman Life Settlements is a life settlement marketing company, not a life settlement provider or a life settlement broker, and Levy and Goldman Life Settlements does not represent the policyholder. Levy & Goldman Life Settlements will refer qualified policy owners to one or more licensed life settlement providers (purchasers) or life settlement brokers, including affiliates of Levy & Goldman Life Settlements. Levy & Goldman Life Settlements will be compensated for life settlement transactions that originate on LevyandGoldman.com. There is no guarantee that every user will receive an offer. Void outside the United States and where otherwise prohibited by law. By using the tools available on LevyandGoldman.com, you authorize LevyandGoldman.com to send your information to licensed entities to contact you, including by telephone. Any and all related conclusions shall be used for informational, illustrative and educational purposes only. No representation or warranty, expressed or implied, is made as to the accuracy, reliability or completeness of the results of the analysis or any assumption on which any conclusion is based.

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