Can I Sell My Life Insurance Policy?
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. Policy Recovery Services can help you unlock the hidden value in your life insurance policy. You can use the proceeds from the sale of your policy anyway you choose: enjoy a better retirement, supplement retirement needs, pay for healthcare costs, fund college costs, or take care of a loved one. Sell your life insurance and live your life.
In a life settlement the seller transfers ownership to a qualified purchaser. The seller no longer has to pay premiums on their policy as the purchaser takes over the premium payments. The seller receives a lump sum of cash that is greater than the cash value. A life settlement typically provides a payout that can be 2 to 4 times greater than the cash surrender value available from the insurance company.
Our Services
We understand that the idea of selling your policy may be confusing and we are here to guide you through the process. In only a few steps we will be able to help you quickly and efficiently sell your policy:
Step 1: Answer a few questions about you and your policy.
Step 2: We evaluate your policy to determine the potential market value and if you are a candidate.
Step 3: Get your policy sold!
Who We Are
Policy Recovery Services helps consumers sell their unwanted life insurance policies. There are many reasons why a policy-owner may no longer want or need their life insurance policy. A life settlement can be the best way to get the most value out of your policy.
We are passionate about educating consumers and making them aware of their ability to sell their life insurance policy through a life settlement, rather than potentially surrendering it for a lower amount back to their life insurance company or letting it lapse and getting nothing in return. About 80% of all life insurance policies will ultimately lapse and never pay a death benefit. Insurance companies work to suppress information about life settlement options because when policies lapse, they win and consumers lose. Policy Recovery Services can help you extract the value out of your policy and avoid becoming a statistic.
