Q: What does it mean to sell my life insurance policy?
A: Selling your policy, also called a life settlement, means transferring ownership of your policy to a buyer in exchange for a cash payment.
 

Q: Why would I sell instead of keeping my policy?
A: Many people sell because they no longer need the coverage, don’t want to keep paying premiums, or want to access the cash value now.
 

Q: How much could I get for my policy?
A: The amount varies based on your age, health, type of policy, and coverage amount. In many cases, selling provides much more than the surrender value.
 

Q: Will I have to keep paying premiums?
A: No, once your policy is sold, the buyer becomes responsible for future premiums.
 

Q: Is this legal and regulated?
A: Yes. Life settlements are regulated in most states, and transactions are handled through licensed providers to ensure your rights are protected.
 

Q: What can I use the money for?
A: Anything you choose, from retirement and medical bills to helping family or simply enjoying life.