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. Deciding to choose a life settlement is a legitimate and 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.

Why Abacus Life

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.

Our Mission 

According to the National Association of Insurance Commissioners, $112 billion dollars worth of life insurance policies is forfeited annually in the U.S. While that number alone is staggering, The NAIC also states that 90% of seniors would have considered a Life Settlement if they knew that the service existed. Our mission is to ensure that consumers know that a Life Settlement is often the best financial option. Why sacrifice a policy that you have spent years paying into when you can exchange your premiums for cash now?



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 life settlement 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.

Real Value. Real Results.

If you have started looking into pursuing a life settlement for your life insurance policy, you are probably asking yourself what the difference between Abacus Life and a life settlement company is, in a word…Options.


Confidentiality, Transparency, and Urgency

At Abacus, we understand that you, like many other people, may have a policy that no longer meets its goals. We are dedicated to helping you learn the facts about your life insurance options so you can make an informed decision and get the most out of your policy. We are committed to serving you with the confidentiality, transparency, and urgency you deserve. Whether you are interested in a traditional life settlementretained benefit option, or a hybrid option, Abacus Life can help you identify the right option for your circumstances.

We don’t want our clients to “settle,” we want to help them find real value in their personal property.

Life Settlements

Types of Life Settlements 

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

Traditional Life Settlement 

In a Traditional Life Settlement, a licensed Life Settlement Provider pays the owner of the policy a cash settlement amount that is above the surrender value and below the death benefit. 

Retained Death Benefit 

A Retained Death Benefit (RDB) Settlement allows a policy seller to keep a portion of their death benefit, while no longer paying premiums. No cash is paid upon Settlement, but premiums are taken over for the life of the policy. When the death benefit is collected, both the original policyholder and the provider will receive a portion of the cash. 

Hybrid Life Settlement 

A Hybrid Life Settlement carries many of the advantages of both a Traditional Life Settlement and a Retained Death Benefit Settlement. The policyholder is given a cash lump sum immediately, while still maintaining a portion of their death benefit. All future premium payments are taken over by the Life Settlement purchaser, just like in an RDB or Traditional Life Settlement. Hybrid Settlements are a great solution for anyone that wants to secure cash now but hold onto some death benefit for their beneficiaries. 

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. Let’s take a look at some of the more common reasons people choose to sell their life insurance policy. 

  • 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. 
  • 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 sum. 
  • 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 make a Life Settlement, clients have been able to pay off the entirety of their medical bills and build their savings. 
  • 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. 

There are many scenarios where a life settlement can help someone turn their insurance policy into a living benefit. Abacus is dedicated to making sure you have the knowledge and resources to help make the best decision for you. 

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

Solutions customized to your personal needs

Every Life Settlement is different, and we pride ourselves on identifying what makes your situation unique. Abacus wants to know your story, and we become genuinely invested in finding the most favorable solution for you.

Get results faster 

Our streamlined reviewing process produces your Life Settlement quote within just 24 hours. It’s confidential, free of charge, and there is zero obligation to accept. Your adviser will utilize simplified underwriting to expedite the process without sacrificing quality or accuracy. 


What is a Life Settlement?

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

At Abacus, our goal is to become your trusted source for information about life settlements. By providing you with up-to-date knowledge, we hope to help you understand exactly what a life settlement is. We are committed to empowering policy owners with objective insight to help them make an informed decision regarding their insurance policy. 

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 
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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.

Sandra, 59, was struggling under the weight of high monthly premiums and was in need of resources to help with family issues. To free up capital, she considered letting the policy go, but then learned she had other choices. Through a hybrid option Abacus provides, we were able to help Sandra maintain the policy, while giving her an infusion of cash. Abacus quickly paid her premiums to keep the policy current, so her beneficiaries will still receive benefits from the policy, and Sandra received $110,000 to help with medical care and family needs.

William, 82, and his family decided that a policy was no longer needed for their estate plan and considered surrendering it to the insurance company for a low payback. The policy beneficiary was William’s daughter, Amy, who decided to explore a better option: selling the policy to Abacus. With William’s age and medical history, Abacus nearly doubled the cash surrender amount the insurance company was offering, returning $1.2 million back to his family. Amy and her siblings are using the funds to ensure William has excellent care during this portion of his life.

At only 56 years-old, Adam was diagnosed with rapidly progressing cancer that had metastasized to his lymph nodes. He needed immediate financial assistance for his treatment, and he contacted Abacus to learn about his options. In exactly 30 days, Adam received a lump sum of $201,000, allowing him to immediately secure critical medical care without passing on any debt to his family. And the best part of this story: after receiving incredible medical care, Adam was cancer-free and able to move forward with his life — without the often crushing weight of medical debt.

Ellie, 59, was suddenly faced with the unthinkable: while she was fighting stage IV cancer, her husband lost his job after 30 years of dedicated service. They needed options, and fast, to face these devastating life changes. By researching online, Terri learned that selling her life insurance could be an option and decided to work with Abacus, citing our solid reputation as her motivation to reach out. We moved quickly to provide her with $50,000, which represented 50 percent of the policy’s death benefit. At the end of the day, they were able to pay off the remaining mortgage on their home, giving Terri the financial freedom to concentrate on her cancer treatments and healing, and spend more time with her family.