Sell Your Survivorship Policy

There may come a time when a high-value life insurance policy no longer serves its original purpose. Whether your estate planning needs have changed or the cost of maintaining the policy has become burdensome, simply surrendering the policy to the insurance company for its cash value is often the least profitable option.

Life Settlement: Sell Your Survivorship Policy

Through our affiliate, Jumbo Life Settlements, we provide a sophisticated alternative: the life settlement. By utilizing a “blind auction” process, we offer your policy to a pool of institutional buyers who compete to offer you the highest market value—often resulting in a payout significantly greater than the policy’s cash surrender value. Specializing in policies from $500,000 to $20 million for individuals aged 70 and older, Jumbo Life Settlements ensures you receive the true market value of your asset.

Understanding Life Settlements: Frequently Asked Questions

A life settlement is the sale of an existing life insurance policy to a third party for a one-time cash payment. The payment is more than the cash surrender value but less than the total death benefit.

In a blind auction, institutional buyers bid against one another without knowing the other offers. This competition, managed by our experienced team, naturally drives the purchase price higher, ensuring you aren’t leaving money on the table.

We specialize in high-value policies, including Universal Life, Whole Life, Survivorship (second-to-die), and even certain Term policies. Generally, the policy should have a face value of at least $500,000.

Yes. Unlike applying for new insurance where health issues can raise premiums, in a life settlement, medical impairments typically increase the market value of your policy, as they impact the projected timeline of the investment for the buyer.

No. Jumbo Life Settlements provides a free policy estimate with no fee, no medical exam, and no obligation to sell. It is a strictly confidential way to explore the current market value of your asset.

Surrendering a policy returns only the “cash value” determined by the insurance company. Selling it on the open market treats the policy as a personal asset, allowing institutional competition to pay you what the policy is actually worth in today’s market.