What’s my policy worth? This is a common question among policyholders considering a life settlement. The value of a Life Settlement depends on several factors, including the type of policy, the insured’s age and health, and current market conditions. Generally, older and sicker individuals can expect higher policy values. Policies with larger death benefits or cash surrender values typically receive higher offers. Market conditions also play a key role, as demand for certain policies fluctuates and affects offers from buyers.
The value of a life settlement is not fixed and can vary widely. Working with an experienced, reputable Life Settlement Broker is crucial for accurately evaluating your policy’s value. At Summit Life Settlements, our experts specialize in assessing policies and negotiating the best possible offers for our clients.
Other factors can also influence a life settlement’s value, such as outstanding loans or premiums, interest rates, and market trends. The cost of maintaining the policy impacts its overall value in a settlement. The financial strength and reputation of the buyer are also important; working with a stable and reputable buyer ensures full value. Summit Life Settlements has strong relationships with top buyers, securing competitive offers for clients.

Understanding your policy type is essential. Term policies may be valued differently from whole life or universal life policies due to structural differences. Additional riders, like long-term care or critical illness, can influence settlement value. The underwriting process, including medical records and life expectancy estimates, also affects the offer.
While many factors determine a life settlement’s value, partnering with an experienced broker is vital for receiving the highest offer. Summit Life Settlements is committed to providing professional, personalized service throughout the life settlement process, helping clients achieve financial freedom. Contact us today to learn more about how we can assist with your life settlement needs.