There are two primary ways to sell your policy, and the distinction significantly impacts your final payout:
Selling Your Life Insurance Policy for Cash - Coventry Direct
Selling your life insurance policy to a third party is known as a . This process typically yields a lump sum that is higher than the policy's cash surrender value but lower than its total death benefit. 1. Types of Companies Involved
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Companies That Buy Life Insurance Policies -
There are two primary ways to sell your policy, and the distinction significantly impacts your final payout:
Selling Your Life Insurance Policy for Cash - Coventry Direct
Selling your life insurance policy to a third party is known as a . This process typically yields a lump sum that is higher than the policy's cash surrender value but lower than its total death benefit. 1. Types of Companies Involved