Yes, many life insurance policies can be sold through a life settlement, but eligibility depends on your policy type, age, and health profile.
Not every policy qualifies, but many do.
Check Your Eligibility Using the Life Settlement Calculator
Get a Free Life Settlement Appraisal
What Determines If I Can Sell My Policy?
Eligibility for a life settlement is based on several key factors:
Age of the Insured
Most policies qualify when the insured is typically age 65 or older, unless they are chronically or terminally ill.
Policy Type
Permanent policies (such as universal life or whole life) are more likely to qualify.
Many term policies qualify if they are convertible. Even Group life insurance and non convertible term insurance may qualify if you are chronically ill.
Policy Size
Larger policies are more attractive in the secondary market, usually starting at $100,000 or more in face value.
Health Status
Changes in health can increase eligibility and improve potential value.
Use the Calculator to Check Your Likelihood
Do I Have to Be Sick to Qualify?
No.
While health conditions can increase eligibility and value, many policies qualify without serious illness.
Life settlement buyers evaluate actuarial life expectancy, not just medical conditions. Guaranteed Universal Life Policies often qualify even though the insured is in perfect health.
What Types of Policies Usually Qualify?
The most commonly eligible policies include:
- Universal life insurance
- Whole life insurance
- Convertible term life insurance
Term policies that cannot be converted typically do not qualify unless the insured is very sick.
Why Would a Policy NOT Qualify?
A policy may not qualify if:
- The face value is too small
- The insured is too young
- The policy is too new or not fully established
- Premium structure makes it unattractive to buyers
Even if your policy does not qualify today, conditions can change over time.
How Do I Know for Sure If I Qualify?
The fastest way to determine eligibility is to evaluate your policy using a structured assessment.
Our system reviews:
- Age
- Policy type
- Coverage amount
- Health indicators
This provides a preliminary qualification range before a full appraisal.
Start with the Life Settlement Calculator
What Happens If I Do Qualify?
If your policy qualifies:
- You receive an estimated value range
- Your policy is reviewed by buyers
- You may receive formal offers
- You choose whether to accept
There is no obligation to proceed.
Frequently Asked Questions
Can I sell my policy if I am still healthy?
Yes. Health alone does not determine eligibility.
Can term life insurance be sold?
Only if the policy is convertible or meets specific market conditions unless you are terminally ill.
What is the minimum policy size?
Most policies considered begin around $100,000 in face value.
How do I check eligibility quickly?
The fastest method is using our life settlement calculator or giving us a quick call. It usually only takes 5 minutes on the phone to determine if you are likely to qualify.
Check Your Eligibility For A Life Settlement Now
If you are unsure whether your policy qualifies, the first step is a quick evaluation.
This will help determine whether your policy may be eligible for a life settlement.
Use the Life Settlement Calculator
Then Request Your Free Appraisal
DO YOU QUALIFY?