A Direct Buyer of Life Insurance

Life Insurance Is Personal Property.

You’ve built equity in your life insurance policy. That policy is your property, not the insurance company’s.

You have the power to decide how the policy should be used for you and your family. It is your choice if you want to sell your policy. Why sacrifice a policy that you have spent years paying into when you can exchange your premiums for cash now?

Life Settlements are legitimate and a reliable choice to create financial options for your future. Life insurance is often a senior’s largest asset and one they can use to alleviate retirement challenges.

Get an instant estimate now using our life settlement calculator above or contact us at 800-561-4148.


Our Mission

We understand that you, like many other people, may have a policy that no longer meets its goals. At Abacus Life, we empower you with the information you need to decide if selling your life insurance policy, or a portion of it, is right for you. We will walk you through the entire process.

We will show you the numbers and the numbers behind the numbers — all policy valuations, underwriting, cost, and returns — so you can make an informed decision for your family’s financial future. We are committed to serving you with the confidentiality, transparency, and urgency you deserve.

Abacus is dedicated to making sure you have the knowledge and resources to help make the best decision for you.


The Abacus Advantage

We take a unique, client-first approach to the Life Settlement Industry.


We show you the numbers and the math behind the numbers, so you understand exactly what goes into your offer.


Abacus Life is HIPAA certified, and a direct buyer, not a marketing agency. Feel secure knowing your personal information is not being shared with outside companies.

No Middle Men

Not involving a middle man means that not only is your personal information and medical records protected, but you get your best offer.

24 Hour Quotes

See what your policy is worth within 24 business hours. With a simple phone interview and some basic policy information, we can identify the real value of your policy.

How to Sell Your Life Insurance Policy

There are many scenarios where a life settlement can help someone turn their insurance policy into a living benefit. Whether you are interested in a Viatical Settlement or Life Settlement, Abacus Life can help you identify the right option for your circumstances.

life settlements senior couple

Life Settlements

By definition, a life settlement is the sale of an existing life insurance policy to a licensed buyer for more than its cash surrender value, but less than its death benefit.

Typically, someone can qualify for a life settlement if you are over 65 years old and/or have health impairments that affect life expectancy.

Life Settlement Guide

Viatical Settlements

A viatical settlement can be defined as an arrangement in which someone who is terminally or chronically ill sells their life insurance policy at a discount from its face value for cash now. If the insured is terminally ill with a life expectancy of fewer than two years, a viatical settlement can provide the financial assistance needed.

A viatical settlement is typically tax-free. A medical professional, usually a doctor, confirms the terminal diagnosis.

Viatical Settlement Guide

No matter what your circumstances are, we have a solution. 

senior couple on hospital - life settlements bed with woman life settlements settlement viatical

When To Consider a Life Settlement? 

There are a number of valid reasons to begin pursuing a Life Settlement. It is an entirely personal matter and should be carefully discussed with family and financial advisors. There are certain standards the policy and the insured must meet in order to qualify for a settlement. Here are some common reasons people choose to sell their life insurance policy:

You Can No Longer Afford Premiums

Depending on the terms of the policy you own, changes in the insurance market could drive up the price of the premiums you pay. Many potential policy sellers are nearing a policy lapse, and rather than surrendering the policy back to the insurance company, they choose to make a Life Settlement. 

Supplement Your Retirement Fund

Others sell their policy with retirement benefits in mind. A Life Settlement is an excellent way to supplement savings in your golden years. Not only is the premium payment eliminated, but clients often receive a large cash lump sum. 

Alleviate Medical Care or Other Expenses

It is also a viable alternative when it comes to handling medical bills. We connect clients with providers that have assisted thousands with serious illnesses. By choosing to sell your life insurance policy, you are able to pay off the entirety of your medical bills and build your savings. 

Your Life Insurance Policy Is No Longer Needed

Finally, as a person transitions through different stages in life, they may find that they no longer need their policy. Instead of surrendering the policy and receiving less payout, a Life Settlement could be a financially beneficial alternative if they qualify. 

Get a step closer to learning the value of your policy today!


Age 59

"Sandra. 59, was struggling under the weight of high monthly premiums and was in need of resources to help with family issues. Abacus was able to help Sandra"
Read Sandra's Story

Real people with life-changing results

Age 64

"William and his family decided that a policy was no longer needed for their estate plan and considered surrendering it to the insurance policy for a low payback."
Read William's Story

Frequently Asked Questions

What is a Life Settlement?

In terms of definition, a life settlement is a financial transaction where the owner of an unwanted life insurance policy transfers ownership and beneficiary rights to an institutional investment fund. In exchange for transferring ownership, the insured receives a cash settlement that can often be four times greater than the cash surrender value. A life settlement is not a loan, it is a one-time cash transaction that results in a full transfer of ownership in exchange for a lump sum. The money belongs entirely to the policy seller and can be spent at his or her discretion. Life Settlements can also be in the form of a paid-up death benefit. 

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What Does the Process Look Like?

Once you use our Quick Valuation Calculator, you can schedule a time to talk to us. We can run a life settlement valuation on your policy quickly and easily. After that, you can be eligible to follow through with the process.

While every provider handles the Life Settlement process differently, it really boils down to a six-step process. 

  1. Qualification 
  2. Underwriting & Pricing 
  3. Acceptance & Contracting 
  4. Verification 
  5. Change of Ownership 
  6. Funding 
Learn More

Should I Sell My Life Insurance Policy?

There are many reasons why an individual chooses to sell their life insurance policy. Some of the common reasons include: expensive premiums, help fund retirement, or pay for unforeseen medical costs. Selling your policy has never been easier than with Abacus Life.

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What Is My Policy Worth?

The value of your policy is based on three factors: Age, Policy Type & Policy Value. Use our Quick Valuation Calculator to see your policy’s value in minutes.

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What is a Viatical Settlement?

Viatical Settlement is the sale of a life insurance policy by a policyholder that is terminally ill,  allowing the policyholder to benefit from the proceeds while alive. The sale of a life insurance policy will always exceed the cash surrender value of your policy, but it will always be lower than the death benefit of your policy. The transaction is usually made tax-free by the IRS, as long as the insured meets certain criteria stated by a medical professional. At its core, a viatical settlement is essentially the same as a Life Settlement, with the major difference being the insured is living with a serious illness and has a life expectancy of less than two years. Learn more here.