Policies such as universal life, whole life, adjustable life, variable life, survivorship, joint first to die, portable group life and even term life are all eligible to be sold in the secondary market.

This can be a very costly decision. As a general rule, the surrender amount is a fraction of what we can sell it for in the secondary market.

Policyowners who choose a life settlement typically receive on average more than 4-5 times what they would receive from the insurance provider by surrendering their policy back to the life insurance company.

Yes, This is where we would come in and handle all of the premium payments for you. In return we would retain a portion of the death benefit.

If you are 65 or older or have had a change in health and the face amount of your life insurance policy is at least $50,000 your policy may qualify to be sold in the secondary market.

There are absolutely no restrictions on the use of the proceeds. The cash settlement can be used for whatever purpose you desire. Most often, our clients use the settlement to cover medical, living, or other expenses.

The process is simple and non-intrusive, and no medical exam is ever required. One straightforward request form begins the process.

Yes. We can work with your trusted financial advisor, personal attorney, insurance agent, or even a family member if you choose.

On average, it takes approximately 6-8 weeks to have an appraisal conducted. The most time consuming phase of the process is obtaining information from your doctors and insurance company.

At Settlement Benefits Association, we conduct policy appraisals without cost or obligation.

No, a medical exam is not required. We will be requesting medical records from your doctor, and that will be sufficient to conduct the appraisal.

Yes. If you need additional space for anything, simply use a separate additional sheet of paper.

While this is not necessary, it can only help to expedite the process. The faster we have that information, the faster we can conduct the appraisal.

Yes. The form can be faxed to 866-733-3369. Originals are not necessary at the time of request.

Then, simply do not accept it. There is absolutely no obligation on your part to accept any offer. The appraisal value we determine for you is still good information to help you understand your financial picture.

Funds are released from escrow within 72 hours of the buyer’s receipt of confirmation of change of ownership and beneficiary rights from the insurance company.

Yes. According to a U.S. Supreme Court ruling stretching back almost a century, a life insurance policy is considered your personal property. You can sell it, trade it, or give it away. Your insurance company generally has no right to block or question your assignment of policy rights.