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A senior life settlement allows you to sell your existing life insurance policy for an immediate cash payment. If you are over the age of 65 and have a policy with a net death benefit of at least $250,000, you should consider a senior life settlement. 

Policy Exchange Network will broker any of the following types of life insurance policies:

  • Universal Life

  • Whole Life

  • Term

  • Joint Survivorship

  • Group (if convertible)

  • Corporate-owned

  • Once you complete our senior life settlement application, submit a copy of your life insurance policy, and sign the necessary authorizations. We will do all the work for you. 

  • We will review your senior life settlement application to make sure that it is complete.

  • We will order medical records from your doctors. No new medical examination is necessary, although up-to-date records will likely result in higher bids.

  • We will obtain verification of coverage and an in force policy illustration from your insurance company.

  • We will submit your file to potential purchasers.

  • Once you accept an offer, we will ensure that all the appropriate closing documents are immediately forwarded to you for your review and signature.

  • We will then maintain ongoing contact with the parties to ensure prompt closing.


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