We'll evaluate your policy to determine if you qualify for a life settlement.
If you qualify and agree to sell your policy, you'll receive a lump-sum cash payout or a combination of cash and coverage.
Bill and his wife owned a $250,000 Universal Life policy with only $5,000 in accrued cash surrender value. Needing money to supplement their retirement, Bill turned to Coventry and was able to receive a $40,000 cash payment.
Insured: Male, age 75
Policy type: Universal Life
Face value: $250,000
You receive payment.
Submit information regarding the insured and your life insurance policy. There's no cost or obligation to sell.
These case examples may be approximations and were reported to Coventry by the policyowner's representative.
How selling your life insurance works.
The cash can be used to improve your retirement, take a trip, cover tuition for the grandkids, or anything else you can think of – It's your money to use however you want.
You can even elect to sell your existing policy while maintaining coverage with no future premium obligations. It's called a Retained Death Benefit.
See how a life settlement helped Bill.