Guide To Selling Your Life Insurance Policy Being informed about selling your life insurance policy improves your odds of getting good cash payment. The proceeds of the sale can be used for retirement, making cash gifts to relatives and paying your debts. The reasons to sell your life insurance policy include no more need for insurance coverage, the policy’s investment returns are weak, need funds and the winding down of a business. To be able to sell the life insurance policy, the individual must be at least 65 years old, have life expectancy no more than 15 years and the insurance policy’s face value is at least $100,000.
Selling your life insurance policy means getting the best offer. It helps if you have more than one life settlement company interested in your policy. To attain a free quote on the potential cash value of your life insurance policy, click on the banner and fill out the simple form.
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