Find out how much your life insurance policy is worth.

    What is a good candidate for a Life Settlement?

    When evaluating your own policy or a client’s policy for a potential life settlement, how does one know if the policy qualifies? Are there specific parameters one must fit in to be an eligible candidate for a life settlement?

    Some of the key factors for a policy to be a good candidate for a life settlement are as follows:

    • Insured is 65 years of age or above
    • Policy is either a Term, Whole life or Universal Life policy
    • Policy has a face amount over $100,000
    • The policy is no longer needed, wanted or affordable
    • If the policy may be surrendered or lapsed
    • A term policy that will not be converted to a permanent policy by the owner
    • Policy has been in force for at least 2 years

    Although there are certain parameters to be eligible for a life insurance settlement, each case is evaluated on a case by case basis. We strongly advise anyone considering a possible settlement, even if you may have been told the policy may not be a candidate, to give us a call.


    This policy holder was holding onto a potentially valuable policy. However, when the premium suddenly escalated, he found that he…

    Read more

    A large policy held by a Trust was scheduled to be surrendered to the carrier for the listed Cash Surrender…

    Read more