Term Settlements

As the owner of a term life insurance policy, you have the option to sell your policy for a term settlement.  A term life settlement is the sale of a portion or all of a term life insurance policy to an institutional investor for a lump sum cash settlement, and is an efficient way to maximize the value of an unwanted policy.

Some details about term settlements:

  • No Life Expectancy Reports
  • No APS/Medical Records
  • Straight Term Policies
  • Must have at least 5 years of level premium remaining
  • Term Premium not to exceed 1% of the Face
  • Minimum Face - $500,000
  • Maximum Face - $5,000,000
  • Males - age 65 to 80
  • Standard & Preferred only
  • No Contestable Policies
  • Carrier Rating must be A or better
  • Need Original Term Illustration
  • Check State Availability

Fill out our Initial Policy Information form online today or give us a call at (888)-322-7678 and see how much money you can get today!