9/29/2026 12:22 AM (PST)

If you want to know how to sell a life insurance policy, the first step is generally to determine whether your policy may qualify for a life settlement. You can provide your policy information to a life settlement provider for evaluation. The review may include the policy type, death benefit, premium amount, remaining coverage, cash value, and other relevant factors. If the policy qualifies, you may receive a settlement offer. If you accept, ownership is transferred to the buyer and you receive the agreed-upon payment. Before completing the transaction, compare the offer with the policy's cash surrender value and consider the possible tax implications, fees, future coverage needs, and effect on beneficiaries. Understanding the terms can help you evaluate your available options.