9/29/2026 12:20 AM (PST)

If you are researching how to sell whole life insurance policy, you can start by gathering your policy documents and having the coverage reviewed by a life settlement provider. Whole life policies may qualify for a life settlement when they meet applicable eligibility requirements. The provider may review factors such as the policy's death benefit, premium payments, cash value, and the insured person's circumstances. If the policy qualifies, you may receive an offer for the policy. Before accepting an offer, compare it with the policy's cash surrender value and consider the benefits of keeping the coverage. You should also understand any potential tax consequences, transaction costs, and impact on beneficiaries.