How To Sell Life Insurance Policy. There’s a good chance you’ve heard of selling your life insurance as a source of extra income. To combat this imbalance, the policy owner should engage a life settlement professional to help them navigate the process to sell the policy for the highest possible price.
Many life insurance companies allow you to add a conversion rider to your term policy when you first buy it — sometimes at an extra cost. Sell my life insurance policy 👪 mar 2021. You may also be able to sell your life insurance policy to a group of investors.
Life settlement company’s have eligibility requirements to screen a policy holder who wants to sell their life insurance policy.
A life insurance policy sale is called a life settlement or viatical settlement. To sell a life insurance policy to a third party, you must first contact a licensed life settlement company. You have a few options if you want to get cash out of your life insurance policy. You can use the proceeds from the sale of your policy anyway you choose: