How To Sell Life Insurance Policy. He did a $6,000 premium on the case and got him approved. The life settlement broker or provider, will give an offer to buy the policy three main criteria:
The answer to this is pretty much anyone who has life insurance. How does selling a life insurance policy work? The most obvious reason you would want to sell your life insurance policy is that you no longer need the coverage and you would prefer to get cash for it.
Many life insurance companies allow you to add a conversion rider to your term policy when you first buy it — sometimes at an extra cost.
You can do this on your own or use a life settlement broker to find offers to purchase your policy. He did a $6,000 premium on the case and got him approved. Life auto home health business renter disability commercial auto long term care annuity. A life settlement is when a policyholder sells his or her life insurance policy to a third party—usually an individual or a company that specializes in the trafficking of insurance policies—in.