Should I

Sell My Life Insurance Policy


Selling life insurance policies in a life settlement is a common practice for those who find themselves paying premiums on unwanted or unneeded policies. Selling life insurance policy related questions can sometimes be difficult to find the answers for. Which is why at Amrita, we work to provide our customers with access to information, tools, and resources to empower them make the right decision about life settlements. If you ever asked yourself, “Can I sell my life insurance policy”, we can help!

Why Would I Sell My Life Insurance Policy?

  • Life settlements usually generate 8 times more than the cash surrender value offered by insurance carriers**
  • Stop paying premiums on unwanted or unneeded life insurance policy
  • Generate cash for retirement, travel, charity, family members or other expenses

Simply put, selling your life insurance policy provides the seller with an immediate source of money, and passes the responsibility of paying the insurance premiums on to the buyer who is then entitled to receive the death benefit of the policy. Seniors and people of all ages have found that this is a profitable way to turn a valuable asset, your unwanted insurance policy into immediate cash. There are a number of reasons to decide “Sell my life insurance policy”

Traditionally, policy holders were faced with one of two options when it came to unnecessary life insurance policies: stop making payments on the policy, which involved letting the policy lapse and receive no money from it, or surrendering the policy to the insurance carrier, and receiving the minimal cash surrender value. Neither of these options allow the policy holder to have direct control over how much money they receive from their policies, and neither is to the benefit of the policy holder.

How Do I Sell My Life Insurance Policy?

The good news for you is that thanks to Amrita Financial, you have an industry recognized team ready to work for you. Selling life insurance policy options through Amrita Financial allow you to maximize a policy's value and ultimately the money paid to you. Amrita's proprietary technology provides full disclosure and enables you to review all bids, accept or reject offers, and quickly obtain the maximum settlement amount possible. Your life insurance policy is an asset much like a home or other investment type, and as such, you have the right to sell it to whomever you choose for a price that you feel is fair.

Can I Sell My Life Insurance Policy?

If you are asking yourself “can I sell my life insurance policy”, there are minimum criteria to be aware of. The first step in a life settlement is to make sure you qualify. The eligibility requirements are:

  • Age 65 or older
  • Universal, Whole Life or Convertible term type policy
  • $50,000 - $100,000,000 Death Benefit Amount
  • Policy is at least 2 years old & out of contestability period

How Do I Sell My Life Insurance Policy?

When it comes to deciding whether or not to choose the sell my life insurance policy option, don't let an insurance company have the final say in how much your life insurance policy is worth. Choose Amrita Financial today, and sell your life insurance policy on own your terms. Amrita Financial is provides an industry first commission refund to policy owners.

For a free, no obligation appraisal or to speak with a qualified representative today,
call us at (888) 539-8885 or fill out our fast easy online appraisal form.

** Source: GAO - Report to the Special Committee on Aging, U.S. Senate July 2010.

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