Life Insurance Settlement

Life Settlements

Should I settle my life insurance policy?

A Life Insurance Settlement is the sale of an existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit. This is similar to a Viatical Settlement, or a person who is selling his policy (Viator) who is terminally or chronically ill.

Many people let policies lapse or simply cash them in if premiums are too costly or coverage is no longer needed. This is one approach but usually leaves money on the table – or in the pockets of the insurance company.

Another option is the Life settlement Market which could provide greater value than surrender and is becoming a popular method of generating cash for older adults.


To learn more about Life Insurance Settlement Options download the article below and contact us to discuss your options by clicking here.

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Life Insurance Settlement


Most people don’t give their life insurance much thought once it’s in place. That’s a mistake. Children may have reached adulthood, businesses may have sold and estate plans may have changed. If policies are left alone and not reviewed, it’s possible that people are paying high premiums for coverage they no longer need.

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