Most life insurance policies sold in a life settlement receive between 10% and 40% of the policy’s face value, depending on age, health, policy type, and premium costs. Payouts exceed your current cash value by definition.
Use the Life Settlement Calculator to Estimate Your Value
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What Is My Life Insurance Policy Worth Right Now?
The value of your life insurance policy depends on several key factors, including your age, health, and the structure of your policy. Typically, the older you are and the worse your health, the higher your value in the secondary market for life insurance.
The fastest way to estimate your value is to use a life settlement calculator.
Our proprietary calculator provides:
- A real-time value range
- Insight into whether your policy may qualify
- An estimate of potential payout
Estimate Your Policy Value Instantly
What Percentage of Face Value Do Life Settlements Pay?
Most life settlements fall within a range of:
- Typically 10% to 40% of the policy’s face value
However:
- Health conditions can increase value
- Higher premiums can reduce value
- Policy type also impacts pricing in a large way
Example:
- $500,000 policy → $50,000 to $200,000 potential value
Use the Calculator to See Your Range
What Determines the Value of a Life Insurance Policy?
Life settlement buyers evaluate several factors:
Age of the Insured
Older individuals typically receive higher offers.
Health Condition
Negative changes in your health can significantly increase value.
Policy Size
Larger policies tend to attract more buyer interest.
Premium Cost
Lower premiums generally increase policy value.
Policy Type
Universal life and whole life policies often perform better than term unless convertible.
See How These Factors Affect Your Value
Is My Policy Worth More Than the Cash Surrender Value?
In many cases, yes.
The cash surrender value offered by the insurance company is often significantly lower than what a third-party buyer may pay.
- Cash surrender value = lowest payout
- Life settlement = potentially much higher if you qualify
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Real Life Settlement Examples
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Every policy is different. The best way to estimate your value is to use the calculator and then request a full appraisal.
See What Your Policy Could Be Worth
Can I Sell My Life Insurance Policy for Cash?
Yes. Many policyholders choose to sell their life insurance policies through a life settlement instead of surrendering them.
Common reasons include:
- Premiums are too expensive
- Coverage is no longer needed
- Retirement income is needed
- Estate plans have changed
Find Out If You Qualify
How Accurate Is a Life Settlement Calculator?
A life settlement calculator provides a realistic estimate, but not an offer.
It is designed to:
- Give you a value range
- Indicate qualification likelihood
- Help you decide whether to proceed
A full appraisal provides exact pricing based on detailed underwriting. It is nearly impossible to precisely value a policy using only an online life settlement calculator.
Start with the Calculator
What Happens After I Estimate My Policy Value?
The process is simple:
- Use the calculator to estimate your value
- Confirm your policy qualifies
- Submit your policy for a full appraisal or sale
- Receive offers
Start Your Free Appraisal
Frequently Asked Questions
How much is my life insurance policy worth?
Most policies sold in life settlements receive between 10% and 40% of their face value depending on age, health, and premiums. The average settlement is usually 6 times the existing cash value, but buyers often favor policies with no cash value.
Can my policy be worth more than its cash value?
Yes. Life settlements often provide significantly more than the cash surrender value.
Do I need to be sick to get value?
Not necessarily. Some policies may still qualify without serious health conditions. It really depends on your policy if you are healthy.
How long does it take to find out my policy value?
You can get an estimate instantly using the calculator. A full appraisal typically takes a few days.
What types of policies have value?
Universal life, whole life, and some convertible term policies often qualify. Even non-convertible term insurance and group life insurance may be sold if you are terminally ill.
Estimate Your Policy Value Now
If you want to know what your life insurance policy is worth, the best place to start is with a calculator.
It takes only a few minutes and gives you a clear understanding of:
- Your potential value
- Your qualification likelihood
- Your next steps
Use the Life Settlement Calculator, Then Request Your Free Appraisal
DO YOU QUALIFY?