It may be better to sell than letting your policy lapse or giving it back to the insurance company. People often decided to sell (called a life settlement) if their policy’s premium payments have become too much, if they need help paying for expenses, or if they want to have a more comfortable retirement.
Richard Recommends helps those who have life insurance policies, and have come under difficult circumstances, have rising premiums, or simply don’t need their policy.
Whether you want to finally go on that dream vacation, save for retirement, help send your grandchildren to college, donate to a charity, or even buy a new house, you have endless possibilities for using the cash you could receive from selling your life insurance policy.
Using our process you can get a quote and plan of action from a registered broker within minutes:
Customer questions
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A Life Settlement is the sale of a life insurance policy in exchange for a cash settlement in excess of the policy’s cash surrender value—even if none exists! This innovative wealth and estate planning tool removes the burden of expensive insurance premium payments in addition to providing the lump sum cash settlement.
Once we qualify your policy and find the buyer, you get the cash.
There are actually a lot of cases where selling a life insurance policy makes sense for most Americans:
1️. High Premiums Instead of letting the policy lapse, you can sell the policy using a life settlement. Investors will give you 10-20x what your life insurance provider may pay you to surrender the policy!
2️. Don’t Need The Policy If your family is already in good financial standing then it may not make sense to continue paying the premiums on your policy. The insured party may no longer need the policy for their spouse or family.
3️. Cases Of Emergencies. In cases where an unexpected event arises, such as the death or illness of a family member, the owner may need to sell the policy for cash to cover these expenses.
Hear what our users have to say
Richard was great to work with! We got connected with the right Broker fast and are well on our way to selling our policy!
I didn’t know I could sell before visiting Richard Recommends, but now I would also RECOMMEND them to anyone.
This industry is confusing so I’m glad I found Richard Recommends who connected me with a broker right away!