Can I sell my life insurance policy? If your life insurance policy no longer serves its original purpose, selling it might be a practical way to free up funds. While many policies can be sold, permanent life insurance, such as whole or universal life, is usually more sought after in the...
Too many people are unaware of their ability, and right, to sell their life insurance policy. The process is known as a life settlement or viatical settlement. Sell A Life Insurance Policy can help you unlock the hidden value in your life insurance policy. You can use the proceeds from the...
Learn about the steps involved in a life settlement transaction. What is a Life Settlement? A life settlement is the sale of an existing life insurance policy..
How to Sell a Life Insurance Policy As you might imagine, selling life insurance to a third party is part of a highly regulated industry, and therefore it can be a very complex process. Even though you could try to find a buyer on your own, the safest and most efficient way is to ...
life as long as the premium continues to get paid. This type of insurance can build cash value over time and usually has higher premiums than term life insurance. Depending on which type of permanent life insurance, policyholders can qualify for loans and even withdraw cash from some policies...
Should You Sell Your Life Insurance Policy?Discusses the factors that should be considered in selling life insurance policies. Return on investment generated by life-settlement firms; Premiums of life insurance; Death and sick benefits offered by the policy.Katt...
Financial Life Settlements offers clients a private and professional approach to market and sell life insurance policies to the secondary market. Find out if you qualify to sell your life insurance policy.
Fidelity Life (which is not associated with Fidelity Investments) was founded in 1896 and was one of the first carriers to sell life insurance policies to both women and men. The company offers term life insurance and no-medical-exam permanent life insurance. Rates are higher than average, but...
Life insurance offers a way to provide financial support for beneficiaries after the plan owner’s death. Basic life insurance policies can approximately match what the policy owner was making or a percentage of it. You can buy either term or whole life insurance; which is best will depend on...
Many term life insurance policies allow you to renew the contract on an annual basis once the original term ends. However, since the renewal premiums are based on your current age, the cost can rise steeply each year. A better solution for permanent coverage is to convert your term life ins...