Trusted Guidance. Real Value. Maximum Return.

At Summit Life Settlements, we are an independent life settlement brokerage—not a buyer or provider. Our mission is to connect you with licensed life settlement companies and providers who can offer top-dollar payouts for your life insurance policy.

Whether you’re just exploring options or ready to sell, we help you navigate every step of the process with clarity, trust, and results.

“Your policy has value. Let us help you realize it—with trusted providers and maximum return.”

cash value life insurance

How Does a Life Settlement Work?

  1. Policy Evaluation: The insured person’s health condition and policy details are assessed to determine the policy’s value.
  2. Market Comparison: Offers from life settlement companies are compared to secure the best deal.
  3. Transaction Execution: Once a suitable buyer is found, legal documentation is completed, and the seller receives a lump sum payment.
  4. Ownership Transfer: The buyer assumes responsibility for future premium payments and receives the death benefit when the insured passes away.

Benefits of Life Settlements

  • Immediate Financial Relief: Selling your policy can provide immediate cash for medical expenses, retirement planning, or unexpected financial needs.
  • Higher Payout Than Surrendering: The payout is typically higher than the surrender value offered by insurance companies.
  • No More Premium Payments: The burden of premium payments is eliminated, providing financial flexibility.
  • Flexible Fund Usage: The funds received can be used for any purpose, from paying off debt to investing in new opportunities.

Selecting from the best life settlement companies ensures a smooth and profitable transaction. Consider the following factors:

business outline icon

1. Experience and Reputation

The top 10 life settlement companies have a strong reputation and proven experience in the industry. Look for companies with positive client reviews and a track record of successful settlements.

 

Lower Monthly Expenses

2. Competitive Offers

Compare offers from multiple life settlement companies to secure the highest payout for your policy.

 

Age and Health Parameters

3. Transparency and Regulatory Compliance

Ensure that the company operates transparently and adheres to state and federal regulations. A reputable provider should disclose all fees and terms upfront.

 

Age and Health Parameters

3. Transparency and Regulatory Compliance

Ensure that the company operates transparently and adheres to state and federal regulations. A reputable provider should disclose all fees and terms upfront.

 

What Are Life Settlement Providers?

Life settlement providers are licensed entities that purchase life insurance policies from individuals looking to convert their coverage into cash. When you sell your policy through a broker like Summit, we present your case to multiple vetted providers—maximizing your value while ensuring a secure, regulated transaction.

“Why go directly to one buyer when you could have many competing for your policy?”

Why Choose a Life Settlement Brokerage Like Summit?

As your independent life settlement brokerage, we advocate for your best interests—not those of the buyer.

Here’s what sets us apart:

  • Access to top life settlement companies and providers nationwide
  • Competitive bidding to maximize your return
  • No upfront fees or hidden costs
  • Confidential, personalized support every step of the way
  • Fiduciary-level transparency—we work for you, not the buyer

“We don’t buy policies—we help you sell smarter.”

Schedule a free consultation
Sell Your Life Insurance Policy for Cash: a man and woman holding hands on a beach

Estimate Your Policy’s Value with Our Life Settlement Calculator

Want to know how much your policy might be worth?
 Our free life settlement calculator gives you a fast, no-pressure estimate in minutes.

Reverse Life Insurance - Senior couple strolling happily along the beach in the sunshine and bright sky.

No medical exams. No obligations. Just a simple step toward clarity.

  • Instant value estimate
  • 100% confidential and secure
  • Zero cost to you

Why Summit Works with the Best Life Settlement Companies

We’ve built strong relationships with some of the best life settlement companies in the industry. Why? Because getting multiple offers helps you secure the highest payout for your policy.

“You deserve more than a single offer—our network of trusted buyers gives you options.”

Take the Next Step with Summit Life Settlements

As an experienced life settlement brokerage, Summit Life Settlements is here to help you get the best value from your life insurance. Our team will:

  • Help determine your eligibility
  • Present your policy to top providers
  • Negotiate the best possible offers
  • Support you through closing—with zero upfront costs

“We don’t just find offers—we help you secure the right one.”

Contact Us

A life settlement is the legal sale of a life insurance policy to a third-party life settlement provider for a lump-sum cash payment. Once sold, the buyer becomes the policy owner, pays future premiums, and collects the death benefit. Summit Life Settlements helps you connect with licensed life settlement companies to get competitive offers for your policy.

You may qualify if you’re 65 or older, have had significant health changes, and own a life insurance policy with a face value of $100,000 or more. Policies must often be permanent or convertible term life. Use our free life settlement calculator to check your eligibility instantly.

A life settlement provider buys life insurance policies, while a life settlement brokerage like Summit represents you, the policyholder. We present your policy to multiple providers to ensure you receive the best possible offer—not just one buyer’s bid.

Working directly with one life settlement company can limit your payout. As a brokerage, Summit Life Settlements brings your policy to a network of licensed providers, encouraging competitive bidding. This typically leads to higher offers and better terms for you.

Yes. Life settlements are fully legal and regulated in most U.S. states. At Summit Life Settlements, we only work with licensed life settlement companies and providers to ensure transparency, security, and compliance throughout the entire process.

On average, the life settlement process takes 3 to 6 weeks, depending on how quickly we can gather policy documents and receive bids from life settlement providers. Summit streamlines the process so you can receive your payout as quickly and efficiently as possible.

Our free life settlement calculator is easy to use. Just enter your policy details (age, policy type, face value), and you’ll receive an instant estimate of how much your policy might be worth—no commitment required.

No. As a trusted life settlement brokerage, we charge no upfront fees. You only pay a commission if your policy is sold—and that fee is built into your final offer from the buyer. We work on your behalf, risk-free.

You can typically sell universal life, whole life, and term life (if it’s convertible to permanent) policies. Our team reviews your policy type and conditions to determine its marketability with top life settlement providers.

Although we’re a brokerage, not a provider, Summit Life Settlements is consistently rated among the best life settlement companies because we prioritize your best interests, shop your policy widely, and ensure you receive top-dollar offers with total transparency.