3 Simple Steps

Receive Estimate

Fill out our form by providing information about you and your policy.

Review Offers

We work with our partner to get you an offer for your policy.

Get Cash

Once your offer is accepted and finalized by our partner, you will receive a lump-sum cash payment for your policy.

Helping Customers for Good

Why JG Wentworth?

Why JG Wentworth?

1

A Legacy of Expertise

More than 30 years of experience in the financial industry

2

A Trusted Partner

We've helped over 1 million people meet their financial needs

3

A Renown Brand

Connecting customers to cash and savings is what we're known for

You Can Count on Us

4.7/5 Stars

A+ Rating

4.5/5 Stars

What is a life settlement?

Selling your life insurance policy for cash is also known as life settlement. Life settlement is a financial transaction in which a life insurance policyholder sells their policy to a third party for a lump-sum cash payment.


The buyer becomes the policy's new owner and beneficiary, taking over premium payments and receiving the eventual benefit.


This option is often considered by individuals who no longer need or can afford their life insurance policy or who need funds for other purposes.

Who qualifies for life settlement?

To qualify for a life settlement, the typical criteria include:

  • Age and Health: Generally, policyholders are 65 years or older or have a serious health condition.
  • Policy Type: Most types of life insurance policies, including universal, whole, and convertible term policies, are eligible.
  • Policy Value: The policy usually has a death benefit of at least $100,000.

How much is my life insurance policy worth?

Your life insurance policy's value depends on multiple factors such as your health status, the amount of your insurance policy, the type of insurance policy, and your policy premiums.


Individuals who sell their life insurance policy to a third party usually receive significantly higher payouts than what they would receive from surrendering their policy back to their insurance company.