Turning Your Life Insurance Into a Living Benefit
The cost of assisted living, memory care, or long-term care can feel overwhelming. Abacus Life has partnered with Meridian Senior Living to give families another way to fund quality care — by unlocking the value already sitting inside a life insurance policy. Find out in minutes what your policy may be worth.
- The policy face value is $100,000 or more
- The insured is typically age 65 or older
- It is a universal, whole, or convertible term policy
- The policy has been in force for 2 or more years
- There has been some change in health since issuance
See How We Help Policyholders Unlock the Value of Their Life Insurance
Millions of Americans surrender their life insurance every year for pennies on the dollar, or let it lapse entirely. As the first publicly traded life settlement company in the United States (NYSE: ABX), Abacus Life brings transparency, accountability, and financial strength that few other buyers can match — so families can make care decisions with confidence.
How a Life Settlement Works
Selling a life insurance policy is simpler than most families expect. Abacus handles the entire process from start to finish.
Submit Your Information
Complete the calculator above or call us. We’ll gather basic details about the policy and the insured’s health.
Receive a Free Estimate
Within 24–48 hours, an Abacus specialist follows up with a preliminary estimate of the policy’s market value.
Review Your Offer
If you’d like to proceed, we gather medical records and a life expectancy report to finalize a formal offer. No obligation at any stage.
Receive Your Payout
Once you accept, ownership transfers and you receive a lump-sum payment — funds you can put toward care however you choose.
The industry’s trusted, publicly traded buyer
Formed in New York’s financial district and now headquartered in Orlando, Abacus Life has been a leading buyer of consumer-sold life insurance policies in the United States for over two decades, with billions in policy face value purchased. Today, Abacus is the first publicly traded life settlement company in the country (NYSE: ABX).
We handle each case individually and walk families through the entire process — showing the numbers, and the numbers behind the numbers. Our approach is to be honest, consistent, and transparent at every point, and to bring maximum value to the client.
Quality care, and a way to help fund it
Meridian Senior Living operates senior living communities across the country, offering independent living, assisted living, and memory care with a focus on enriching residents’ lives every day.
Together, Abacus and Meridian help residents and their families explore whether an existing life insurance policy can help fund the care they need — turning a policy that might otherwise lapse into a living benefit.
Frequently Asked Questions
What is a life settlement?
A life settlement 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. The buyer assumes future premium payments and receives the death benefit when the insured passes away.
How can this help pay for senior living or memory care?
The lump-sum payment from a life settlement can be used however you choose — including to help cover the cost of assisted living, memory care, in-home care, or monthly residence fees. There are no restrictions on how the funds are used.
How much more will I get versus surrendering to the insurer?
On average, policyholders who complete a life settlement receive six to eight times more than their insurance company’s cash surrender value. The exact amount depends on age, health, and policy terms.
Do I have to be a Meridian resident to qualify?
No. A life settlement is available to any policyholder who meets the general criteria, whether or not you are moving into a Meridian community. Meridian and Abacus have partnered simply to make this funding option easier for families to learn about.
Is my personal and medical information kept confidential?
Yes. Abacus Life treats all personal, financial, and medical information with strict confidentiality. Your information is protected by our privacy policy at every stage of the process.
How long does the process take?
The timeline varies by case, but most life settlements are completed within 60 to 120 days from the initial application. Our team works to move each case forward as efficiently as possible.
Are life settlements regulated?
Yes. Life settlements are regulated at the state level, and Abacus Life is licensed in 49 states. State regulations provide important consumer protections, including required disclosures and anti-fraud provisions.
What happens to the policy after the sale?
After the sale, the new owner takes over the policy and assumes all future premium payments. You receive your lump-sum cash payment and have no further obligations.
This page is for informational purposes only and is not an offer to purchase a life insurance policy. Estimates provided by the calculator reflect average pricing for discussion purposes only and are not an offer or bid. A life settlement may not be appropriate for everyone and may have tax consequences; please consult your own advisors. Abacus Life is licensed in 49 states. Meridian Senior Living and Abacus Life are separate companies.
