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FREQUENTLY ASKED QUESTIONS

What is a life settlement?

A life settlement is when a life insurance policy owner sells their policy to a third party, called a life settlement provider, for an immediate cash payment. The payment is less than the policy's full death benefit, but more than its cash surrender value.

What is my life insurance policy worth?

The value of your life insurance policy depends on a few variables, including your health status, the size of the insurance policy, and the type of policy you have

Can I sell a portion of my life insurance?

Yes. It is possible to sell your policy, eliminate premium payments and keep a portion of the death benefit.

What types of life insurance policies can be sold?

Most types of life insurance qualify, including universal life, whole life, variable life, survivorship, and even term life.

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