Can I Sell My Term Life Insurance Policy at Life

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Can I Sell My Term Life Insurance Policy. Yes, you can sell a term life insurance policy for cash as long as the policy is convertible into permanent life insurance. 100% online or with a licensed agent.

from venturebeat.com

Yes, you can sell a term life insurance policy for cash as long as the policy is convertible into permanent life insurance. The reason you would need a conversion option available if you’re trying to sell a term life insurance policy is so the life settlement provider who buys the policy can make sure the policy does not lapse leaving it worthless to someone who buys life insurance policies. They each have different requirements.

Affordable life insurance with no medical exam. You will likely be required to provide insurance policy documents and your medical records to the potential buyer (settlement provider). Buyers of life insurance policies, sell term life insurance, sell my life insurance policy calculator, selling term life insurance policy for cash, sell your life insurance policy for cash, companies that buy life insurance policies, coventry direct selling. A policyholder typically pays a monthly or yearly fixed sum, until the policy matures (i.e.