You’ve earned and built equity in your insurance policy. That policy is your property, not the insurance company’s, and selling it is a legitimate, safe and viable choice to create more options for your future.

How Do You Sell A Life Insurance Policy?

Selling your life insurance provides seniors with a sensible solution for a policy they may no longer need or can no longer afford. Rather than allowing it to lapse or surrendering it for a cash surrender value, selling your policy offers a viable, safe alternative.

The simplest definition is the sale of an existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit. Part of our clientele also seeks life insurance options to pay for medical care.

This 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. This 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

Steps to a Settlement

Call us at 509-455-6911 or submit an entry in the qualifier at the top of the page to learn more about your insurance options.

We will further underwrite your case with your insurance company

We will present you with your valuation

Success Stories

Senior care can be a rather large expense for many people, including those who have thorough financial plans. Although Peter had some money stored away, he still needed additional funds to cover the costs involved with long-term care as he recently turned 89 years old. Weary of monthly insurance premiums, he considered letting his $250,000 policy lapse in order to cut costs, instead, he contacted Kincaid. We were able to offer Peter $120,000 for his policy; covering his long-term care costs entirely.

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Advisory services offered through ChangePath, LLC, a Registered Investment Adviser with the SEC. ChangePath, LLC and Kincaid Financial Resources are unaffiliated entities.