Life Settlement Calculator
How Our Life Settlement Calculator Works
Our calculator provides a range for your life insurance policy based on the following factors:
Other Important Factors That Can Affect Your Settlement Value
Policyholders will have a better idea of what to expect from the process after using our life settlement calculator. However, our calculator provides an estimate range based on our experience in the market, it is not a single number. There are other factors that play into what will become your official offer. With a better understanding of what can impact the value a life settlement, policyholders will be able to make a more informed decision.
| Qualified Policy Type | Current Cash Value | Your Annual Premium Amount |
|---|---|---|
| Whole. Universal. Term. A term policy can sometimes be converted into a permanent product prior to pursuing a life settlement. So, term policies can still qualify for a life settlement. | Policyholders receive higher offers if their policy has a high cash value. A buyer may use the cash value of your life insurance policy to cover expenses. | The most valuable policies usually have lower premiums. After a life settlement, the buyer takes over paying the future premiums. |
Setting Expectations For Life Settlement Calculators
Life settlement calculator results are not guarantees that a provider will offer to purchase a policy. A life settlement calculator should come with transparency and not a sales pitch. To get started, policyholders usually need:
- basic contact information
- the insured’s age
- policy’s face amount
- insured’s current health status
- policy in force for at least two years
Policyholders can expect an instant life settlement quote after inputting this basic information about the policy. However, the process of reaching an actual settlement is just beginning. Policyholders use a life settlement calculator tool to get a better idea of a policy’s resale value. Then begin the process of reaching out to life settlement brokers to get a more formal quote.
A basic life settlement calculator should provide an instant life settlement quote. It should provide a transparent assessment of a life insurance policy and available options on the secondary market. Policyholders can immediately discover if they can sell a policy or if it makes more financial sense to keep it.
The easiest way to obtain a policy valuation is to use one of the many calculators that are available online. However, life settlement calculators do not provide a formal, legal, or binding offer. Policyholders should understand there are many factors not covered by our calculator.
"Policyholders should be able to instantly discover if they can sell a policy or if it makes more financial sense to keep it. Unfortunately, this is not always the case. Sometimes, our competitor's life settlement calculators are very wrong and a policyholder's expectations are mismanaged and their time is wasted. Many people seeking life settlements have significant health impairments so it's important to get them the most accurate information possible." - Ken Kelly, CEO Windsor Life Settlements
A Life Settlement Calculator Can Help, Specialists Are Available By Phone To Discuss Your Policy
An accurate life settlement calculator saves time and energy. It lets a policyholder know whether or not it’s even worth hiring a life settlement broker. So, a calculator should help indicate whether or not you should proceed with what can be a long process of securing a life settlement.
To discuss a policy with a Windsor representative right away, please feel free to call us directly: 1-(888)-994-6376.