A Direct Buyer of
Life Insurance Policies
Your life insurance policy is your personal property. Abacus Life Settlements helps you unlock its full value — with no middlemen, no pressure, and no fees.
How Much Is My Policy Worth?
Life Insurance Is Your
Personal Property
Life insurance policies are your property — not the insurance company's. Therefore, it is your choice if you want to sell your policy.
Abacus Life offers the option of life settlements — a legitimate and reliable way 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 like medical expenses, living costs, and more.
Why sacrifice a policy that you spent years paying into, when you can exchange your premium payments for a cash lump sum payment now?
Get a free, instant estimate using our Life Settlement Calculator or contact us at 800-561-4148.
See the Abacus DifferenceWhy Choose Abacus?
For over 20 years, Abacus has been the largest direct provider in the life settlement industry. As a direct buyer, your personal information stays private — and you receive your best offer without brokers in the middle.
Our clients often receive 6–8× more than what they would receive by surrendering their policy back to the insurance carrier.
Learn About Us20+ Years of Client-First Life Settlements
Abacus Life Settlements is the largest direct provider in the life settlement industry for the last 20+ years. Originally formed in New York's financial district in 2004 and now headquartered in Orlando, Florida, we employ 150+ people who collectively work to aid clients in their life settlement needs.
We empower you with the information you need to decide if selling your life insurance policy — or even a portion of it — is right for you. We'll walk you through the entire process from start to finish.
We are committed to serving you with the utmost confidentiality, transparency, and urgency you deserve.
HIPAA Compliant
We strictly adhere to HIPAA and privacy laws to maintain and protect the confidentiality of financial, health, and medical records.
BBB A+ Accredited
Abacus is proud to be a BBB Accredited Business with an A+ rating.
Fully Licensed Nationally
For a full list of states that Abacus is licensed in, click here.
The Abacus Life Mission
Hear directly from our team about what drives us to serve our clients with transparency, urgency, and care.
What is a Life Settlement?
By definition, a life settlement is the sale of a life insurance policy facilitated by a licensed provider like Abacus, in exchange for a lump-sum cash payment.
The value of a settlement is always higher than the policy's surrender value, and clients often receive 6–8× more than what they would through surrendering their policy directly back to their life insurance carrier.
The Abacus Learning Center is an excellent resource for a deeper dive — including case studies, a detailed history of the industry, and specifics of life settlement taxation. To get started or ask questions, call us at 800-561-4148.
The Abacus Advantage
We take a unique, client-first approach to the life settlement industry.
Transparency
We believe in empowering our clients to make the best possible decisions for their life insurance policy. That means full transparency in how we generate your life settlement offer.
Privacy
Abacus Life is HIPAA Certified and fully licensed on a national scale. Pursuing a life settlement is sensitive, and it is crucial you work with a reputable and certified company.
No Middlemen
Abacus is a direct buyer of life insurance policies. Your personal information stays personal, and you receive your best life settlement offer — the same one most brokers already use.
24-48 Hour Quotes
With a simple phone interview and basic policy information, Abacus can generate an approximate value for your policy. The Life Settlement Calculator also provides highly accurate results.
Different Types of Life Settlements
You may have already encountered terms like "viatical settlement" or "retained death benefit." The terminology can be confusing — we'll clarify it all below.
Life Settlements
Commonly pertains to seniors over 70 years old and/or those with health impairments that affect life expectancy. Most policy types qualify, including term life insurance. A life settlement is a one-time cash transaction — a full transfer of ownership in exchange for a lump sum.
Life Settlement Guide →Viatical Settlements
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 has a life expectancy of fewer than two years, a viatical settlement can provide critical financial assistance. Typically tax-free.
Viatical Settlement Guide →Retained Death Benefit
Allows the policy owner to retain a portion of their policy's death benefit rather than a cash lump sum. The buyer takes over 100% of premium payments. Beneficiaries still receive their guaranteed portion of the death benefit payout. No matter your circumstances, we have a solution.
Learn More →is forfeited back to life insurance companies each year in the U.S.
of seniors would have considered a life settlement if they knew it existed
Why Should I Sell My Life Insurance Policy?
It is entirely a personal matter and should be carefully discussed with family and financial advisors. Here are some common reasons people choose to sell their life insurance policy.
You Can No Longer Afford Premium Payments
Changes in the insurance market could drive up the price of premiums you pay. Many potential policy sellers who are nearing a policy lapse choose to make a life settlement rather than surrendering the policy to the insurance company.
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.
Alleviate Medical Care or Other Expenses
Life settlements are a viable alternative when it comes to assisting with medical bills. By selling your life insurance policy, you can pay off the entirety of your medical bills and build your savings.
Your Policy Is No Longer Needed
As a person transitions through various stages in life, they may find that they no longer need their policy. A settlement could be far more financially beneficial than surrendering the policy for a lesser payout.
Get One Step Closer to Learning the Value of Your Policy Today!
Use our unique Life Settlement Calculator for a free consultation, with no obligation to sell.
Life Settlement CalculatorReal People with Life-Changing Results
Sandra, Age 79
Got $110,000 for her $200,000 policy
Sandra was struggling under the weight of high monthly premiums and needed resources to help with medical care and family needs. Abacus made the process simple and transparent.
Read Sandra's Story →William, Age 84
Got $1.2 million for his $5 million policy
William and his family decided that his policy was no longer needed for their estate plan and considered surrendering it to the insurance company for a low payback — until they found Abacus.
Read William's Story →Frequently Asked Questions
Once you use our calculator, we can run a valuation on your policy quickly and easily. While every provider handles the life settlement process differently, it really comes down to a six-step process:
- Qualify
- Expectations / Application
- The Offer
- Contracts
- Verification
- Funding
The value of your policy is based on three factors: Age, Policy Type & Policy Value. Use the Abacus Life Settlement Calculator to see your policy's value in minutes.
Ultimately, we are here to help you. We do not charge for any of our policy value estimation services or consultations. Abacus is dedicated to making sure that you have the knowledge and resources to make the best decision for you and your family.
Simply put, yes. You are able to sell your life insurance policy if you meet the qualifications. Many types of life insurance policies qualify, including term life.
