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Everything you need to understand and navigate the life settlements.
Download Life Settlement Guide
Life Settlement Basics
Why would someone sell their life insurance policy?
What types of life insurance policies qualify for a settlement?
How much can I expect to receive for my policy?
Who buys life insurance policies in a life settlement?
How is a life settlement different from surrendering or lapsing a policy?
What is a life settlement?
Eligibility & Valuation
How do insurers and buyers calculate an offer for my policy?
Does my outstanding policy loan affect eligibility or value?
What is the minimum face value needed to qualify?
Can a term life insurance policy qualify for a settlement?
Do age and health play a role in eligibility and pricing?
What factors determine the value of my life insurance policy?
Who is eligible to sell their life insurance policy?
How the Process Works
What happens to my beneficiaries once I sell my policy?
What role does a broker or marketplace play in the process?
How do buyers evaluate my medical records and policy details?
What happens after I receive an offer on my policy?
How long does the process usually take from application to closing?
What documents are required to sell my life insurance policy?
How do I start the life settlement process?
Tax & Legal Considerations
What protections are in place to ensure the seller’s privacy and security?
Is the buyer legally responsible for future premium payments?
Will my beneficiaries owe taxes after I sell my policy?
How will selling my policy affect Medicaid eligibility or other benefits?
Do I need a lawyer to complete a life settlement?
Are life settlements regulated by the state?
How are life settlement proceeds taxes?
For Agents & Advisors
How can offering life settlements strengthen client relationships?
What resources exist for agents to learn about the secondary market?
How do advisors identify clients who may benefit from a life settlement?
What compliance and disclosure rules apply to agents?
How are commissions structured in life settlement transactions?
What role do insurance agents play in the settlement process?
How can financial advisors help clients with life settlements?