Life Insurance coverage is a valuable tool providing peace of mind and the financial resources needed upon the passing of
a loved one. However, when circumstances change, and a life insurance policy is no longer needed, wanted or affordable,
historically seniors have allowed the policy to lapse or be surrendered back to the insurance company for a pre determined
amount (the Cash Surrender Value).

Seniors have another option: to sell the policy to a financial institution for a large cash settlement. Once the policy is sold, the
policy owner will no longer be required to pay the on going premiums (no strings attached). The settlement amount is more
than the value they would have received if they would have surrendered the policy or allowed it to lapse. This sale is called a
“Life Settlement.” If you are interested in finding out how much your policy could be sold for, begin the “insurance appraisal”
now, click here. A life insurance appraisal only requires a few minutes and can be generated by answering some very basic
questions about your policy, age and health. You will not be required to enter personal information. To begin your life insurance
appraisal now click here.

Unfortunately, the majority of seniors are still unaware of their option to sell their unwanted life insurance policies and most of
the financial professionals are under informed regarding the life settlement process. Further, insurance companies are not
required to inform the policy owner that selling their policy(s) could be a more financially beneficial alternative to a surrender
or lapse.

Insurance Appraisal is a site dedicated to informing the public about their options regarding their unwanted, unneeded or
unaffordable life insurance policies. Our Insurance Appraisal software allows seniors to discover the estimated value of their
current life insurance policy should they decide to move forward with a life settlement. A life insurance appraisal only requires
a few minutes and can be generated by answering a few basic questions about your policy, age and health. You will not be
required to enter personal information. To begin your life insurance appraisal now click here.

Before the development of this secondary market for life insurance, the primary option for unwanted, unneeded or unaffordable
policies was to surrender the policy(s) back to the issuing insurance carrier or allow them to lapse. When a senior sells their
life insurance policy to a third party institution, it is called a life settlement. A life settlement is the transaction in which the owner
of an insurance policy sells the ownership and their beneficiary rights of their policy to a third party for lump sum payment.
When a policy is sold, instead of surrendering the policy, it is because the sale proceeds far exceed the cash surrender value
paid by the issuing insurance company. A life settlement can thereby ensure that the policy owner is in much better financial
position than if they would have surrendered or allowed their policy to lapse. The seller is also no longer required to pay the
on going life insurance premiums. The life settlement proceeds can then be used as you desire however some common
uses are: to purchase more affordable life insurance coverage, paying off old debt, purchasing long term care insurance,
funding an annuity or for other retirement needs.

So how much could you sell your policy for?

The amount that a policy owner can receive for their policy in a life settlement is a combination of multiple variables.
The first variable is the age and health of the insured. The second is based on the performance of the policy. Will the
policy’s performance or ongoing premium costs require the new buyer to pay reasonable premiums or a higher than
normal amount to keep the policy in force. By spending just a few minutes, you can receive a complimentary insurance
appraisal report from this site (and print it). A life insurance appraisal requires a few minutes and can be generated by
answering a few basic questions about your policy, age and health. You will not be required to enter personal information.
Begin your life insurance appraisal now click here.