Can I sell my term life insurance policy?
A common misconception in the financial sector is that only Whole or Universal Life policies hold intrinsic value. However, term life insurance policies are frequently sold on the secondary market, provided they contain a specific clause: the conversion feature.
"If your term policy can be converted to permanent coverage before the term expires, it holds significant value to institutional investors."
Actuarial Valuation Mechanics
Our proprietary valuation tool uses mathematical models to estimate what institutional funds might bid for your policy. This is not arbitrary; the secondary market operates on strict actuarial principles. The primary metrics determining your policy's value include:
Age & Demographics
Institutional buyers typically look for insured individuals aged 70 or older. Age inversely correlates with life expectancy, driving up market value.
Health Trajectory
A decline in health since the policy's issuance significantly compresses the actuarial timeline, resulting in much higher payout offers.
Ready for a formal review?
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