Sell Your Term Life Insurance Policy

Since term life insurance does not have a cash value that can be surrendered many policy owners simply let their policies lapse when the coverage becomes too expensive, or it is no longer needed. Selling your term policy in a life settlement transaction can unlock value that would otherwise disappear by letting your policy lapse without learning the market value you might be leaving behind. Most buyers of life insurance in the secondary market only purchase permanent insurance policies such as universal life. However, in many instances owners of term life insurance are still able to sell their…

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