As a senior life settlement broker we are asked by clients if they can sell their term life insurance policies on the secondary market. The answer is Yes. Selling a term life insurance policy is a great idea for a policy owner who no longer needs or wants the policy and is inclined to let it lapse. Letting the policy lapse is a bad option because there is no cash value in the policy. All of the premiums invested in the policy are gone. You can sell your term life insurance policy, possibly for a significant amount of cash. The term policy must be convertible to a whole life or universal life policy.
Call Settlements For Life for more information.
Settlements For Life
Enhancing The Value Of Your Life
