How To Cash In Your Life Insurance Policy
1. Qualify
The first step is finding out if you qualify. We’ll need some basic information about your policy and health. You can provide this by completing our short online form or by calling (888) 322-7678 to speak with a Policy Specialist.
2. Document Submission & Review
Next, you’ll sign a simple authorization form that allows us to gather copies of your medical records and life insurance policy information. This ensures we can give you an accurate valuation.
3. Offer & Acceptance
Once your policy value is determined, we’ll present you with an offer. You can choose to:
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Sell your entire policy for a lump-sum cash payment, or
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Keep part of your coverage through a Retained Death Benefit, while eliminating all future premium payments.
4. Timing
The time it takes to cash in a policy can vary. It depends on how quickly medical records are received, how soon documents are signed and returned, and how fast your insurance company transfers ownership.
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.