How to Sell Your Life Insurance
Thousands of existing life insurance policies are sold every year to investors. We make the process simple and straightforward.
How Exactly Does It Work?
If you try to cancel your life insurance policy with your provider, they’ll offer you what’s known as a cash surrender value. This is a relatively low payment offer which, if you accept, will remove the life insurance from existence.
However, your policy likely has a much higher value than this. That’s why many investors are willing to buy it from you.
This is a regulated transaction that takes the life insurance out of your name. You’ll no longer pay any premiums or have any ties to the policy whatsoever. Instead, you’ll receive a cash value much higher than the amount you’d have received by canceling the policy. The investor will pay your premiums, and they’ll ultimately collect the policy’s payout.
Respiro Life Makes the Process Stress-Free
Respiro Life helps you sell your life insurance policy in a simple and efficient that gives you full control.
We’ll walk you through our unique 6-stage process that will provide insight into how you could lower your premiums, show you what your policy is worth, and introduce you to buyers who would be the best fit for buying your policy.
Our fee-only pricing means there’s no incentive for us to push you into a bad deal, and instead gives you the freedom to make all the right decisions every step of the way.
Here’s What the Process Looks Like
Free Consultation
We begin with a hassle-free consultation so that we can get to know your situation and properly advise you.
Holistic Policy Review
Our experienced actuaries will show you how you could save tens of thousands in premiums on your policy, giving the option not to sell.
Appraisal
If you choose to sell your policy on the life settlement market, we’ll analyze it in detail to get the market value. This will carry tremendous weight when it’s time to sell.
Introduction
We’ll use our extensive relationships to introduce you to a number of the most trusted life insurance policy investors. By speaking to multiple investors, you’ll be able to get the best offer – just like if you were selling a house.
Approval
You’ll come to an agreement on the transaction price, using Respiro Life’s expertise to ensure a fair sale. If you have a financial advisor, this is where they’ll get involved.
Transaction
We’ll assist both parties with the transaction so that everything is sorted quickly, fairly and securely. You’ll receive your payout in no time!
