Who qualifies for a life settlement?

Who Qualifies For A Life Settlement?

If you’re age 75+ or living with significant health impairments, you likely qualify to sell your life insurance policy.

Call Windsor Today!

Who qualifies for a life settlement?

If you’re age 75+ or living with significant health impairments, you likely qualify to sell your life insurance policy.

Call Windsor Today!

Check If Your Policy Qualifies For Sale

Get an immediate quote for your policy.

Other Considerations For A Life Settlement

Insured's Age And Health​

The age and health of the policyholder (insured) are significant factors. Generally, older individuals or those with health conditions that may result in a shorter life expectancy are more likely to receive higher offers.

Face Value of the Policy

The face value, or death benefit, of the life insurance policy is a critical factor in its valuation. Policies with higher face values typically command higher settlement amounts.

Premium Costs

The ongoing premium payments associated with the policy are considered in the valuation. Policies with lower premium costs relative to the face value may be more attractive to buyers.

Type of Policy

The type of life insurance policy also plays a role. Generally, universal life, whole life, and convertible term policies are more likely to be eligible for a life settlement.

Cash Surrender Value

The cash surrender value of the policy, which is the amount the insurance company would pay if the policyholder surrenders the policy, may be a reference point for valuation. However, life settlement offers are typically higher than the surrender value.

Market Conditions

The overall market conditions for life settlements can impact the value. A competitive market with multiple interested buyers can potentially result in more favorable offers.

State Regulations

State regulations influence the life settlement process, and the legal and regulatory environment can affect the value of a life insurance policy in a particular region.

Terms of the Policy

The specific terms and features of the policy, such as any riders or unique provisions, can influence its attractiveness to potential buyers.

Call Windsor Today!

Windsor was recently featured on:

The Windsor Newsletter

You’re invited to join the weekly newsletter for policyholders considering a life settlement.