Senior Settlement Eligibility

Senior Life Settlement Eligibility

Seniors are eligible to sell their life insurance policy in return for a Life Settlement (lump payout). To be eligible for Life Insurance Settlements you generally need to be 65 or older with health issues, which have changed since you were originally insured, or be 75 or older regardless of your current health. The "Face Value" of your life-insurance policy(ies) must at least total $100,000 (The ideal face value is $250,000). All types of life insurance policies are eligible, including variable life insurance, key-man life insurance, universal life insurance, whole life insurance, joint-survivorship and even term life insurance. A great example is a term insurance policy which has no cash value with the insurance company, but may have a substantial "Life Insurance Settlement" value (Market Value), which can put serious cash into your pocket!

To find out the value of your life insurance policy with a senior settlement, please fill out our FREE online evaluation form or call toll-free 1-888-973-8377.