Category Archives: Life Insurance

Can You Sell Your Term Life Insurance Policy? 2026 Guide

can you sell your term life insurance policy

Can You Sell Your Term Life Insurance Policy? 2026 Guide If you’re wondering can you sell your term life insurance policy, the answer is often yes — especially if your coverage is convertible or carries transferable value. Many policyowners eventually reach a point where their term policy no longer aligns with their financial goals or […]

How to Sell a Term Life Insurance Policy for Cash: A Complete Guide

Senior reviewing documents while learning how to sell a term life insurance policy with Summit Life Settlements.

How to Sell a Term Life Insurance Policy for Cash: A Complete Guide If you’re searching for the best way to Sell a Term Life Insurance Policy, you’re not alone. Thousands of policyholders eventually reach a point where the policy they once purchased no longer serves their needs. Maybe the premiums have become too expensive, […]

How Do Viatical Settlement Taxes Differ for Short-Term vs. Long-Term Policies? 2026 Ultimate Guide

viatical settlement tax

How Do Viatical Settlement Taxes Differ for Short-Term vs. Long-Term Policies? 2026 Ultimate Guide This topic talks about money and time. It leaves many people confused. We will explain it in very easy words. Think of it like a story about time. Time can be short. Time can be long. When someone sells a life […]

Companies That Buy Life Insurance Policies: A Complete Guide for 2026

Companies That Buy Life Insurance Policies

Companies That Buy Life Insurance Policies: A Complete Guide for 2026 Many policyholders are surprised to learn that their life insurance policy can be sold for cash. If your financial needs have changed, you may be wondering about companies that buy life insurance policies and whether selling your policy is the right decision. A life […]

How to Sell Term Life Insurance Policy Successfully: 2026 Guide

Sell Term Life Insurance Policy: Happy Senior Couple

How to Sell Term Life Insurance Policy Successfully: 2026 Guide When it comes to securing your financial future, term life insurance plays a crucial role. Many people wonder, “Can you sell a term life insurance policy?” or seek guidance on selling term life insurance policies effectively. Whether you’re a policyholder considering selling your policy or […]

Selling a Term Life Insurance Policy: Discover What to Know in 2025

Selling a Term Life Insurance Policy

Selling a Term Life Insurance Policy: A Complete Guide for Policyowners For many policyowners, selling a term life insurance policy becomes a practical and financially smart option when the coverage no longer fulfills its original purpose or becomes too expensive to maintain. Instead of letting the policy lapse with no return—or settling for a minimal […]

Is Cashing Out Life Insurance Better Than Selling It? Here’s the Truth

cash out life insurance

Is Cashing Out Life Insurance Better Than Selling It? Here’s the Truth Many policyowners face a tough decision: should they cash out life insurance or explore selling it through a life settlement? Turning in a policy for its cash value can feel simple and immediate, but there’s often more value available through the secondary market. […]

Selling Your Life Insurance Policy: Expert Guide to Life Settlements in 2025

selling your life insurance policy

Selling Your Life Insurance Policy: Expert Guide to Life Settlements in 2025 The decision to start selling your life insurance policy often arises when changed circumstances make maintaining coverage difficult or unnecessary, yet many policyholders don’t realize they can you sell your life insurance policy for more than the cash surrender value. Understanding how to […]

Cash Value Life Insurance: 2025 Complete Guide to Understanding Policy Values

cash value life insurance: happy senior couple

Cash Value Life Insurance: 2025 Complete Guide to Understanding Policy Values Cash value life insurance represents a fundamental feature of permanent life insurance policies that combines death benefit protection with an investment component that accumulates value over time. Understanding the cash value of life insurance helps policyholders maximize these valuable assets for retirement planning, emergency […]

Cash Out Life Insurance: Complete Guide to Accessing Policy Value

cash out life insurance

Cash Out Life Insurance: Complete Guide to Accessing Policy Value Many policyholders don’t realize they can cash out life insurance policies before death to access immediate financial value for emergencies, investments, or changed circumstances. Understanding how to cash out a life insurance policy provides crucial financial flexibility when you need liquidity but want to avoid […]