Your Life Insurance Policy May Be Worth More Than You Think
If you're 65 or older with a life insurance policy you no longer need, you may qualify for a life settlement — a cash buyout that pays significantly more than surrendering your policy to the insurance company.
You Own a Policy
You have a life insurance policy — term, universal, or whole life — that you no longer need or can no longer afford.
We Make an Offer
Instead of lapsing or surrendering the policy, we connect you with buyers who pay a lump-sum cash amount — often far more than the surrender value.
You Get Paid
Once the transaction closes, you receive your cash payment and are relieved of all future premium obligations.
Who Typically Qualifies?
- Age 65 or older (or younger with a serious health condition)
- Life insurance policy with a face value of $100,000 or more
- Policy has been in force for at least 2 years
- Term, universal life, whole life, or convertible term policies
- Premiums have become unaffordable or the policy is no longer needed
- Beneficiary circumstances have changed (divorce, estate planning updates, etc.)
Calculate Your Estimated Buyout Offer
Use the calculator below to get an estimate of what your policy may be worth. There's no obligation — just a clearer picture of your options.
Questions about your estimate? Contact us — we'll walk you through the process at no cost to you.
Ready to Find Out What Your Policy Is Worth?
Our team at Independent Financial Services will guide you through every step of the life settlement process — with no pressure and no hidden fees.
Get a Free ConsultationLife Settlement — Common Questions
- What is a life settlement?
- A life settlement is the sale of an existing life insurance policy to a third party for a lump-sum cash payment greater than the cash surrender value but less than the death benefit. It is an option for policyholders aged 65 or older who no longer need or can afford their policy.
- Who qualifies for a life settlement?
- Generally, policyholders aged 65 or older with a life insurance policy of $100,000 or more in face value may qualify. Universal life, whole life, and convertible term policies are typically eligible. Health changes since the policy was issued can increase the offer amount.
- How much can I get from a life settlement?
- Life settlement offers typically range from 10% to 35% of the policy's face value, depending on the insured's age, health, policy type, and premium costs. This is often significantly more than the cash surrender value.
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