Learn about life settlements
Can I Sell My Policy?
Your life insurance policy is a financial asset – and can be sold for cash. The sale of your policy. This right is protected by the US Supreme Court via their decision in Grigsby v Russell.
You owe it to yourself to explore your options. If you are over 70, often a life settlement is worth MUCH more than the cash surrender value. On average, we paid roughly 10 times the cash surrender value.
Why Sell My Policy?
Policy owners sell their policies for a myriad of reasons including:
- You no longer need the policy
- You can no longer afford the premiums
- Funds are needed for major expenses such as medical care
Regardless of the reason, we are here at Top Dollar to help
How Much is My Policy Worth?
The value of your life insurance policy is dependent on four variables including:
- Cost of future premiums
- Your health status
- Policy face value
- Policy maturity date
- As a general rule, policies for insured under age 70 do not price unless there are severe medical problems.
To help you out, we offer a Life Settlement Calculator for illustrative purposes