Sell Your Life Insurance Policy with Confidence

At Summit Life Settlements, we know that life circumstances change—and so do your financial priorities. If your life insurance policy no longer fits your needs, it may be time to consider selling it for cash. We help individuals across the U.S. turn their unused life insurance into a valuable financial asset.

Whether you’re exploring how to sell life insurance, wondering if you’re eligible, or looking for a reliable way to sell an insurance policy, we provide the experience, transparency, and support you need every step of the way.

“A life insurance policy you no longer need doesn’t have to go to waste—turn it into immediate cash.”

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Can You Sell a Life Insurance Policy?

Yes—under the right conditions, selling your life insurance policy is absolutely possible. Most policyholders don’t realize that their life insurance can be sold, even if they no longer need or can afford it. Here’s when you might qualify:

  • You’re age 65 or older
  • You’ve experienced a serious change in health
  • Your policy has a face value of $100,000 or more
  • You no longer need the policy due to life changes like retirement, divorce, or estate planning

We specialize in helping you determine eligibility and match your policy with trusted, licensed buyers across the country.

Our process is designed to make selling your life insurance policy simple, fast, and secure:

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Submit Your Policy Details

Use our secure online form to request a free, no-obligation policy review.

Lower Monthly Expenses

Check Eligibility

We’ll determine if your policy qualifies based on age, health, and value.

Age and Health Parameters

Receive Competitive Offers

We present your policy to licensed buyers and bring you the highest bids.

Accept the Offer & Get Paid

Once you accept an offer, receive your payout quickly and safely.

Why Choose Summit to Sell Your Insurance Policy?

We’re not just brokers—we’re your trusted partners in this financial journey. When you work with Summit Life Settlements to sell life insurance, you get:

  • Decades of experience in selling life insurance policies
  • Direct access to licensed buyers nationwide
  • A confidential, secure, and transparent process
  • No upfront fees or hidden costs
  • Personalized guidance from start to finish
What Is a Life Settlement? - a man and woman sitting on a boat

Estimate Your Policy’s Value Instantly

Curious about how much your policy might be worth? Use our free sell life insurance policy calculator to get an instant estimate with zero obligation. You could be just a few clicks away from discovering a significant financial opportunity. “Many policyholders let their coverage lapse or surrender it for little value—without realizing they could sell it for significantly more.”

Ready to Sell Your Insurance Policy?

Contact us today or use our free calculator to estimate your policy’s worth. Don’t let your coverage lapse—turn it into the financial freedom you’ve earned.

“Selling life insurance policy can turn years of premiums into meaningful returns.”

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Take the First Step Toward Financial Freedom

If you’re asking yourself:

  • “How do I sell my life insurance policy?”
  • “What’s the best way to start selling life insurance?”
  • “Can I really sell my life insurance policy for cash?”

You’re in the right place.

Summit Life Settlements offers a secure, expert-driven path to selling your life insurance policy for top dollar. Whether it’s a term, whole, or universal policy—we help you unlock real value, with peace of mind.

Yes, you can. If you meet certain criteria—such as being 65 or older, having a policy valued at $100,000 or more, or experiencing changes in your health—you may be eligible to sell your life insurance policy for a lump-sum cash payout through a life settlement.

Selling life insurance policy involves transferring ownership to a licensed third-party buyer. You receive a cash payment, and the buyer takes over future premium payments and eventually receives the policy’s death benefit. It’s a legal, regulated process known as a life settlement.

You typically qualify to sell life insurance policy if:

  • You are age 65 or older (or have serious health conditions)
  • Your policy has a face value of at least $100,000
  • The policy is permanent or convertible to permanent
  • You no longer need the coverage

The value depends on factors such as your age, health status, policy type, and the death benefit amount. Use our free sell life insurance policy calculator to get an estimate of what your policy may be worth today.

The average time frame is 3–6 weeks from submission to payout. Our team works efficiently to gather policy information, match you with buyers, and streamline the closing process so you receive your funds as quickly as possible.

Yes, life settlements are fully legal and regulated in most U.S. states. At Summit Life Settlements, we work exclusively with licensed buyers and ensure a transparent, secure transaction from start to finish.

No. Summit Life Settlements does not charge any upfront fees. Our services are 100% performance-based, meaning you only pay a commission if you choose to proceed with a sale and receive an offer.

Many people surrender or let their policies lapse without realizing they could receive significantly more money by selling them. A life settlement provides a lump-sum payout, which can be used for medical expenses, retirement, or other financial needs.

Term life, whole life, universal life, and variable universal life policies may all be eligible for sale—especially if they are convertible to permanent insurance. The eligibility depends on the specific policy features and your circumstances.

Yes, but only if the policy is convertible to permanent coverage. If you’re unsure whether your term policy qualifies, contact us or use our sell life insurance policy calculator to learn more about your options.