Are You Eligible to Sell Your Life Insurance Policy?

✅ You’re age 65 or older
Most life settlement clients are seniors, though younger policyowners may qualify if other factors are met.

✅ You’ve had a change in health
You may qualify if your health has declined since you first purchased your policy.

✅ You own a policy of $100,000 or more
Most types of life insurance can qualify, including universal life, whole life, variable life, survivorship, group life, and even term life.

Reasons to Sell Your Life Insurance Policy

Many people purchase life insurance to protect their families or businesses. But as life circumstances change, the need for coverage may decrease—while the policy itself still holds significant value. Selling your policy can be a smart financial option if:

• It’s too expensive to maintain
  Premium payments often rise as you age. A life settlement allows you to stop paying and instead receive cash.

• Your term policy is expiring soon
  Rather than letting it lapse, you can turn your policy into cash before it expires.

• You need help with medical or personal expenses
  A life settlement can ease financial pressure and provide funds when you need them most.

• You want to boost your retirement savings
  Supplement your income and gain peace of mind by selling a policy you no longer need.

• You don’t need as much coverage
  You may be able to keep part of your coverage through a Retained Death Benefit while eliminating future premium payments.

What Does Selling Your Life Insurance Policy Mean?

Your life insurance policy is an asset—just like a home or car—that can be sold for its fair market value. Selling your policy, known as a life settlement, means:

• You receive a lump-sum cash payment (or a mix of cash and continued coverage).
• You no longer pay premiums—the buyer takes over those obligations.
• The buyer receives the death benefit when the insured passes away.

On average, a life settlement provides significantly more than lapsing or surrendering a policy—often several times greater than the cash surrender value.

Why Work With Us

Unlike companies that represent the buyers, Best Life Policy Buyout represents you, the seller. That means our only job is to fight for the highest possible payout on your behalf.