Did you know you can sell your life insurance policy for a lump cash sum?

Many seniors are unaware that their life insurance policy is a liquid asset. If you meet eligibility criteria, you may be able to sell your policy for up to 60% of its death benefit value. Harbor Life Settlements, through its decades of insurance experience, offers this option, known as a life settlement, to seniors looking for ways to fund living expenses, long term care, leisure activities and more. We’ll answer all of your questions, walk you through the entire process, and if you decide to sell – we do all the work to find the right buyer and bring the best value for your policy.

FAQ’s

Who purchases life insurance policies?

When selling a life insurance policy, you can choose to do so through a provider, broker, or life settlement company. Providers are third party organizations and investors who actually buy the policy, but working with them means you’ll only get a single offer. Instead, you may choose to work with a broker who works with multiple providers to give you additional offers. For best results, you should work with a life settlement company such as Harbor Life who uses its network of providers and brokers to get you the most offers and highest value for your policy. 

Harbor Life also utilizes its relationship with its sister company (Harbor Life Brokerage, a registered broker), to help ensure you get a good offer for your policy if the others are not satisfactory.

Are there any expenses to use Harbor Life?

At Harbor Life, we are here to help and do not charge for any of our initial consultation or policy value estimation services. You’ll only pay if you decide to sell your policy and choose to partner with Harbor Life during the life settlement process.

How do I know how much my policy is worth?

The offer on your policy is based on many things including your age, health, policy size, and premium cost. Fill out some basic info on our simple form to get started.

What are the first steps to sell my policy?

The first step of selling your policy is to simply answer a few questions about yourself. It takes less than five minutes to get the process started by filling out our form, and once completed we’ll get in touch with you soon to provide more information on the value of your policy.

Is Harbor Life confidential?

Yes, Harbor Life is completely confidential. We will never share or sell your information to anyone. We will use the information you provide to connect you to the most qualified buyer in your area.