Senior Life Settlement Eligibility
Seniors over 65 years of age and/or in ill health are generally eligible to sell their life insurance policy in return for a Senior Life Settlement. To qualify for Senior Life Insurance Settlements you typically need to be 65 or older with health issues, which have changed since you were originally insured, or be 75 or older regardless of your health. The Face Value of your life-insurance policy must be $250,000 or more. All types of life-insurance policies are eligible, including term life insurance, variable life insurance, key-man life insurance, universal life insurance, whole life insurance, joint-survivorship and others. It should be noted that a Term insurance policy which has no cash value with the insurance company may have a substantial cash value as a Senior Life Insurance Settlement.
Please call 1-888-973-8377 with any questions regarding life settlements.
Get a free life insurance policy evaluation today.
