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A life settlement allows you to sell your life insurance policy (both Permanent or Term-Life) for more than the policy’s cash value. Instead of just lapsing, canceling, or surrendering your policy due to expensive premiums, no longer needing life insurance, or needing cash to pay for medical treatments or the ever-increasing costs of long-term care, you can sell your life insurance policy directly to a licensed Life Settlement buyer.

Life Settlements for Heart Attack Survivors

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Life settlements for heart attack survivors infographic showing how policies can be turned into cash, the benefits during recovery, and the financial impact for survivors.

Experiencing a major health event often forces people to reexamine both their health and their finances. Life settlements for heart attack survivors provide one option for policyholders who no longer need or can no longer afford their life insurance coverage. By selling an existing policy, heart attack patients can receive an immediate cash payout that is usually much higher than the policy’s surrender value. It can reduce financial pressure, allowing survivors to focus on their health.

What Is a Life Settlement?

A life settlement is the sale of a life insurance policy to an institutional buyer or investor. Instead of lapsing the policy or surrendering it to the insurance company, the policyholder sells it for a lump sum. The buyer becomes the new policy owner, assumes responsibility for future premium payments, and eventually collects the death benefit. This transaction allows the original policyholder to access the hidden value of the policy while still alive.

Why Heart Attack Survivors May Qualify

Buyers in the secondary market for life insurance look at several factors when determining whether to purchase a policy. The insured’s health history, including major events such as a heart attack, plays an important role in the evaluation. Survivors often face higher long-term health risks, which can increase the value of their policy to buyers.

Other factors also matter, such as:

  • The face value of the policy
  • The cost of ongoing premiums
  • The type of policy (universal life, whole life, or convertible term most often qualify)
  • The insured’s age and overall medical history

Because heart attack survivors often have documented health conditions, they may qualify for stronger settlement offers than individuals in excellent health.

Financial Benefits of Selling a Policy After a Heart Attack

Choosing to sell a policy can provide several important benefits:

  • Immediate Access to Cash – Settlement funds can be used for medical expenses, household bills, or debt repayment.
  • Relief From Premium Payments – The new policy owner assumes the financial obligation of paying premiums, which can free up significant monthly income.
  • Greater Value Than Surrender – Settlements typically provide payouts that are several times higher than a cash surrender value.
  • Support for Lifestyle Changes – Survivors may wish to reduce work hours, relocate, or access additional healthcare, and a life settlement provides the financial flexibility to make these changes.

When a Life Settlement May Make Sense

Selling a life insurance policy is not the right choice for everyone. However, a life settlement or a viatical settlement are worth considering in situations such as:

  • Premium payments are creating a financial burden.
  • The policy is no longer needed for family or business protection.
  • Health challenges have increased the policy’s market value.
  • The insured is considering surrendering or letting the policy lapse.

Heart attack survivors may also weigh whether their family members still need the death benefit or whether immediate access to cash will provide a more meaningful benefit.

What to Expect from the Process

The process of selling a policy usually begins with an application and medical records review. Potential buyers will review details about the insured’s health, the type of policy, and its current status. An appraisal is performed, and offers are made based on this evaluation. If the policyholder accepts an offer, the ownership is transferred, and funds are paid out in a lump sum.

This process can often be completed in just a few weeks, providing quick access to money that would otherwise remain locked inside the policy. For heart attack survivors facing mounting expenses or reduced income, the speed of a life settlement can make it an attractive option.

Is a Life Settlement Right for You?

A life settlement gives heart attack survivors the opportunity to unlock the value of their policy and put those funds toward immediate needs. It also offers flexibility, whether that means covering medical expenses, supplementing retirement income, or easing the cost of long-term care. By reviewing available options, survivors can decide if selling their policy is the right step for their financial situation.

To learn if you qualify, please give us a call today at 800-727-7654

Life Settlement for Term Insurance

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Infographic explaining how a life settlement for term insurance can provide cash to qualifying policyholders with convertible term policies, including eligibility criteria, process steps, and key benefits.

Many policyholders are surprised to learn that a life settlement for term insurance may be possible. While term policies typically do not build cash value, they can sometimes be sold for a lump sum if the policy includes a conversion option and the insured has a qualifying health condition.

Can You Sell a Term Life Insurance Policy?

Most term policies cannot be sold on the secondary market unless they include a conversion privilege. This feature allows the policy to be converted into permanent coverage, which meets the requirements of most life settlement buyers. However, the policy does not always need to be converted in advance. It only needs to be eligible for conversion to be likely to qualify for a life settlement.

Buyers may also consider term policies that remain in force beyond the level term period, such as annual renewable term policies. If premiums are being paid and the insured meets the usual health and age criteria, a sale might still be possible.

Key Factors That Determine Eligibility

Several factors influence whether a term policy may qualify for a life settlement:

  • Conversion deadline: Many term policies have a limited window during which they can be converted. If that window has passed, the policy may no longer be eligible
  • Insured’s health: Life expectancy is a major factor. Policies held by individuals with serious health conditions tend to be more attractive to buyers
  • Policy size: Most buyers look for policies with a death benefit of at least $100,000
  • Age of the insured: Seniors over the age of 65 are most likely to qualify, but exceptions may apply.  Younger insureds with significant health concerns can qualify.

What Is the Process?

The process begins with a review of your policy and some basic health information. If the policy has a conversion option and you meet other eligibility criteria, buyers be interested and make you an offer.

If you accept an offer, the direct buyer takes over premium payments and receives the death benefit in the future. You receive a lump-sum cash payout now.

Why Consider Selling a Term Policy?

Many people let term policies lapse once they are no longer needed or become too expensive. If your policy qualifies for a life settlement, it may offer:

  • A cash payout that can be used for any purpose
  • Relief from paying future premiums
  • Greater financial flexibility during retirement or illness

Selling a term policy can be a practical way to unlock value from coverage that would otherwise expire unused.

Check Before You Let It Lapse

Before you stop paying premiums or allow a term policy to expire, find out whether you may qualify for a term life insurance settlement. A quick policy review could reveal unexpected value, especially if your coverage includes a conversion option and your health has changed since the policy was issued.

Many people simply cancel their expiring term policies at the end of the term as premiums can steeply rise after the initial term period.  A life settlement for term insurance may allow you to access your policy’s hidden value rather than throwing it away.  Please give us a call at 800-727-7654 to learn if you qualify. 

Selling Life Insurance After a Colon Cancer Diagnosis

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Infographic explaining selling life insurance after a colon cancer diagnosis, highlighting treatment costs, financial challenges, and benefits of a life settlement

A colon cancer diagnosis can create overwhelming financial strain, from the costs of specialized treatments to the impact of missed work and daily living expenses. Selling life insurance after a colon cancer diagnosis allows policyholders to unlock the value of a policy they may no longer need or can no longer afford. Instead of surrendering or lapsing the policy, a life settlement can provide a lump sum that can be used for medical expenses, home care, or other personal needs.

How a Life Settlement Can Help Colon Cancer Patients

A life settlement is the sale of an existing life insurance policy to a third party buyer for a cash payout. This payout is typically much larger than the surrender value and can be a valuable tool for patients facing the financial burden of cancer treatment. Factors such as the policy type, face value, premiums, and your overall health (including the stage and prognosis of your colon cancer) influence the amount you may receive.

Many patients use this payout to cover out-of-pocket medical expenses, reduce financial stress, or even fund alternative treatments not covered by insurance. By converting a life insurance policy into cash, patients gain immediate financial flexibility at a time when it is needed most.

Colon Cancer Treatments and Related Costs

Treatment for colon cancer varies based on the stage of the disease and the patient’s overall health. Even with health insurance, the cost of treatment can be significant due to co-pays, deductibles, and uncovered services. Life settlements can help ease this financial pressure.

Common treatments for colon cancer include:

  • Surgery: Procedures like colectomy, segmental resection, or laparoscopic surgery are often the first step for localized colon cancer. These surgeries can cost tens of thousands of dollars, especially when hospital stays and recovery are factored in.
  • Chemotherapy: Drugs such as 5-fluorouracil (5-FU), capecitabine (Xeloda), oxaliplatin (Eloxatin), and irinotecan are commonly used. Chemotherapy is often given in cycles over several months, with costs varying widely depending on the drug regimen and the number of sessions.
  • Targeted Therapy: Medications like bevacizumab (Avastin), cetuximab (Erbitux), and panitumumab (Vectibix) target specific cancer cells and are often used in advanced cases. These treatments can be expensive but have improved outcomes for many patients.
  • Immunotherapy: Drugs such as pembrolizumab (Keytruda) and nivolumab (Opdivo) may be recommended for certain advanced or recurrent colon cancers. Immunotherapy often comes with a high price tag, making additional funding sources valuable.
  • Radiation Therapy: While not always standard for colon cancer, radiation is sometimes used to shrink tumors before surgery or to treat cancer that has spread.
  • Clinical Trials and Emerging Therapies: Many patients explore new drug combinations or innovative treatments through clinical trials. While some trials cover the cost of experimental drugs, other associated costs such as travel, imaging, and labs may not be fully reimbursed.

These treatments can lead to related expenses like genetic testing, specialized diets, rehabilitation, or supportive care medications for side effects, which add to the financial burden.

Benefits of Selling Life Insurance After a Colon Cancer Diagnosis

A life settlement or viatical settlement can help patients:

  • Cover Medical Bills: Use funds for costs not fully covered by health insurance such as chemotherapy, targeted therapies, immunotherapy, or unexpected hospitalizations.
  • Pay for Home and Palliative Care: Many patients need in-home nursing care or assistance during recovery, which can be costly.
  • Manage Daily Expenses: Mortgage payments, transportation to treatment centers, or basic living costs can be handled without depleting savings.
  • Explore Alternative or Complementary Treatments: Some patients choose to use their funds for integrative therapies, holistic care, or travel for specialized treatment centers.

Is a Life Settlement the Right Choice?

While selling your policy can provide significant financial relief, it also means giving up the future death benefit your beneficiaries would receive. Policyholders should review the specifics of their coverage, consider whether they still need the policy, and weigh the benefits of immediate cash against their long-term estate plans. For many patients, the financial freedom and stress reduction during treatment make a life settlement the right choice.

To learn more about your options for accessing the hidden value in your life insurance policy, please give us a call at 800-727-7654.

Selling Life Insurance After Gastric Cancer Diagnosis

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Infographic explaining selling life insurance after gastric cancer diagnosis, highlighting why to consider selling, how the process works, and key benefits

A gastric cancer diagnosis can be overwhelming, not only emotionally but also financially. The cost of treatment, medications, travel for specialized care, and day-to-day living expenses can place a heavy burden on patients and their families. Selling life insurance after gastric cancer diagnosis is one option that many people do not realize is available. By selling your existing policy, you can unlock its value and gain immediate funds that can help cover the high costs of care or provide financial stability during a difficult time.

Understanding Gastric Cancer Costs

Gastric cancer, also known as stomach cancer, often requires a combination of treatments such as surgery, chemotherapy, targeted therapy, and radiation. These treatments can span several months or longer and often come with significant out-of-pocket expenses. Even patients with comprehensive health insurance may face high deductibles, co-pays, or costs for medications and supportive therapies that are not fully covered.

In addition to direct medical expenses, many patients and families experience a loss of income due to time away from work. When these financial challenges are combined with the physical and emotional toll of cancer treatment, it is no surprise that many people begin looking for alternative financial resources.

What Does It Mean to Sell a Life Insurance Policy?

Selling your life insurance policy, often called a life settlement or viatical settlement, involves transferring ownership of your policy to a third-party buyer. In return, you receive a lump sum cash payment. This payment is usually far greater than the cash surrender value offered by the insurance company and gives you immediate access to funds that can be used for any purpose.

Once the sale is complete, the buyer becomes responsible for future premium payments and collects the policy’s death benefit when the insured passes away. For many people facing a serious diagnosis, this trade-off is worth it because the funds can provide relief and flexibility now, when it is most needed.

Why Gastric Cancer Patients Often Qualify

Health conditions significantly influence the value of a life insurance policy in the secondary market. Buyers are typically willing to pay more for policies where the insured has a serious or advanced medical condition, such as gastric cancer. This is because the buyer assumes the financial risk of continuing premium payments and the timeframe for policy maturity is likely to be shorter.

Policies that typically qualify include:

  • Whole life insurance policies
  • Universal life policies
  • Convertible term life policies

If your policy has a face value of at least $100,000, you may be eligible to sell it. The combination of an advanced illness and a larger policy value usually results in stronger offers from buyers.

How the Life Settlement Process Works

The process of selling life insurance after a gastric cancer diagnosis is generally straightforward:

  1. Policy Review and Initial Assessment
    A direct buyer reviews your policy details and medical history to determine whether your policy is eligible.
  2. Offer Stage
    Based on the policy type, premium costs, and your health status, the buyer may make a cash offer.
  3. Acceptance and Transfer
    If you decide to accept the offer, you sign a contract the necessary documents to transfer ownership of the policy. From this point forward, you no longer have to pay premiums.
  4. Lump Sum Payment
    Once the transfer is complete, you receive a lump sum cash payment. These funds can be used for any purpose, from covering medical bills to paying off debt or even creating memorable experiences with loved ones.

The process is confidential, and there is never an obligation to accept an offer, which allows you to explore your options without risk.

Advantages of Selling Your Policy

There are several benefits to selling a life insurance policy when faced with a serious illness like gastric cancer:

  • Immediate Funds: Provides quick access to money for treatment, medication, or everyday expenses.
  • No More Premiums: Eliminates the financial burden of paying ongoing premiums.
  • Higher Payout: Often results in more cash than surrendering the policy back to the insurance company.
  • Flexible Use: Funds are not restricted and can be used however you choose.

Factors That Affect the Offer

Several elements determine how much a buyer is willing to pay for your policy, including:

  • The face amount of the policy
  • Your age and health condition
  • The type of policy you have
  • The ongoing cost of premiums
  • Market conditions within the life settlement industry

Is Selling Your Life Insurance the Right Choice?

This decision depends on your financial needs, your family’s situation, and whether the death benefit is still essential for your beneficiaries. Some policyholders choose to sell only when premiums become unaffordable, while others view the cash payout as a more practical way to use the policy’s value during their lifetime.

Selling life insurance after gastric cancer diagnosis is an option that can provide immediate financial relief and peace of mind. It allows you to convert a non-liquid asset into cash at a time when financial flexibility is critical. If you are facing mounting medical costs or simply want to access the value of your policy now, exploring a life settlement could be a smart financial decision.  Please give us a call at 800-727-7654 to learn if you qualify.

Selling Life Insurance After a Brain Tumor Diagnosis

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Infographic explaining how selling life insurance after a brain tumor diagnosis can provide funds for treatment, care, and living expenses, with sections outlining qualifying conditions, policy uses, and next steps.

If you or a loved one has been diagnosed with a brain tumor, you may be wondering what financial options are available to help cover treatment costs, long-term care, or other expenses. Selling life insurance after a brain tumor diagnosis is one option that may provide immediate cash without taking on new debt or liquidating other assets.

Life settlements and viatical settlements allow qualifying policyholders to sell their existing life insurance policy to a licensed buyer in exchange for a lump-sum payment. The buyer takes over premium payments and receives the death benefit later. For individuals facing serious health conditions like brain tumors, this can be a practical solution for managing ongoing financial challenges.

Who Qualifies?

Eligibility depends on the type of brain tumor (malignant or benign), the stage or grade, and how the diagnosis has impacted life expectancy. High-grade glioma, glioblastoma, metastatic brain tumors, and other malignant or inoperable forms are more likely to meet life settlement or viatical settlement criteria. Even in cases where the tumor is benign, but the patient is experiencing significant neurological decline or complications, a policy may still hold value.

Most buyers look for the following:

  • A life insurance policy with a face value of $100,000 or more
  • A decline in health since the policy was issued
  • Life expectancy generally under 10 years for life settlements
  • A terminal diagnosis for viatical settlement eligibility

Common Treatments for Brain Tumors

The cost of treating a brain tumor can be substantial. Depending on the tumor type and location, treatment may include:

  • Surgery – Often the first step if the tumor is operable. Procedures like craniotomy are used to remove as much of the tumor as possible.
  • Radiation therapy – Used to destroy remaining cancer cells or shrink inoperable tumors. This may involve external beam radiation or stereotactic radiosurgery
  • Chemotherapy – Drugs like temozolomide (Temodar) are commonly used, sometimes in combination with radiation.
  • Targeted therapy – In some cases, medications that block specific tumor growth factors may be prescribed.
  • Clinical trials – Some patients pursue experimental treatments not typically covered by insurance.
  • Supportive care – Including physical, occupational, or speech therapy, as well as home health services or memory care when cognitive decline occurs.

Even with insurance, out-of-pocket expenses for these treatments can add up quickly from copays and deductibles to travel costs and lost wages.

How Much Can You Get?

The amount offered for a life insurance policy varies depending on several factors, including the insured’s age, health status, type and size of policy, and current premium obligations. Policies with lower premiums and higher face values tend to receive better offers. The stage and prognosis of the brain tumor also play a significant role in determining the payout.

Common Reasons to Sell

Many families consider selling a policy to:

  • Pay for brain surgery, radiation, chemotherapy, or clinical trials
  • Offset income loss due to inability to work
  • Cover in-home care, assisted living, or hospice
  • Eliminate financial strain on caregivers or loved ones

If you’re facing high medical costs or reduced income after a brain tumor diagnosis, selling your life insurance policy may provide meaningful financial support during a difficult time.  Please give us a call at 800-727-7654 to learn if you qualify and to obtain a no-obligation policy appraisal. 

Conditions That May Qualify for a Life Settlement

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Infographic listing conditions that may qualify for a life settlement, along with other key eligibility factors such as age, policy type, and health status

If you or someone you love is experiencing a serious or chronic illness, you may be wondering whether your life insurance policy can be sold for cash. Conditions that may qualify for a life settlement vary widely, but they often include health issues that reduce life expectancy or cause a significant decline in health since the time the policy was issued. Even if a condition is not considered terminal, a life settlement may still be possible.

A life settlement is the sale of an existing life insurance policy to a third party buyer for a lump sum that is greater than the policy’s surrender value, but less than the death benefit. This option can provide financial relief for individuals who no longer need their coverage or who are struggling with healthcare and living expenses due to illness.

Common Conditions That May Qualify

Some of the more commonly accepted qualifying conditions for a life settlement include:

  • Advanced Cancer (including recurrence or metastasis)
  • Congestive Heart Failure (CHF)
  • Chronic Obstructive Pulmonary Disease (COPD)
  • Stroke with lasting effects
  • Chronic Kidney Disease or Dialysis
  • Parkinson’s Disease
  • Alzheimer’s Disease or Dementia
  • ALS (Lou Gehrig’s Disease)
  • Severe Diabetes with complications
  • Liver Disease or Cirrhosis

In many cases, the key eligibility factor is not the specific diagnosis but the slippage in health that has occurred since the policy was issued. If your health has declined significantly, even if the condition is managed, you may still be eligible.

Lesser-Known or Rare Conditions

While less common, the following conditions may also qualify, particularly when they limit life expectancy or cause functional decline:

Each of these conditions may qualify depending on the specifics of the case. Factors such as the stage of the illness, rate of progression, and overall health history all play a role in determining eligibility. Even when a condition is less common, it may still meet the criteria for a life settlement based on life expectancy and policy details.

Other Factors That Affect Eligibility

In addition to the diagnosis itself, several other factors impact life settlement eligibility:

  • Policy Type – Most universal life and convertible term policies qualify
  • Policy Size – Typically, policies with a $100,000 face value or more are eligible
  • Health Changes – Decline in health since the time of policy issuance
  • Age – Generally 65 or older, though younger individuals with serious health conditions may qualify

A Path to Financial Relief

If you’re unsure whether your condition qualifies, it’s worth exploring your options. Many people are surprised to learn that their policy still has value, even if it has no cash value or is close to lapsing. A life settlement may offer a practical way to reduce financial strain, fund care needs, or improve quality of life during a challenging time.

To learn if you qualify, please give us a call at 800-727-7654.  In a short, 5-10 minute phone call, you can find out if your policy may have a hidden value. 

Selling Life Insurance After a Pancreatic Cancer Diagnosis

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Infographic showing how selling life insurance after a pancreatic cancer diagnosis may provide financial relief through a viatical settlement

If you’re exploring your financial options after a serious diagnosis, selling life insurance after a pancreatic cancer diagnosis may be one of the most impactful decisions you can make. Most individuals with advanced pancreatic cancer will qualify for a viatical settlement, not just a traditional life settlement. This means they may be eligible to sell their policy for a lump sum payment, even if it has no cash value, based on their current health status.

A viatical settlement is a specialized type of life settlement designed for individuals with a serious illness, typically with a life expectancy of less than two years. Because pancreatic cancer is often diagnosed in later stages, many patients meet this threshold and can access substantial funds through the sale of their life insurance policy.

What Is a Viatical Settlement?

A viatical settlement allows someone with a qualifying medical condition to sell their life insurance policy to a viatical settlement buyer for immediate cash. The buyer takes over future premium payments and receives the death benefit when the insured passes away. The payout from a viatical settlement is usually tax free and it can be used for anything from medical treatment to paying off debt or creating lasting memories with loved ones.  Always consult with your trusted tax advisor regarding your specific situation.

While some individuals with earlier-stage or successfully treated pancreatic cancer may qualify for a traditional life settlement, the majority will qualify under viatical settlement guidelines due to the severity and prognosis associated with this type of cancer. Viatical settlements are essentially life settlements for terminal illness.

Who Qualifies?

Eligibility depends on a combination of medical and policy factors:

  • Diagnosis of pancreatic cancer, particularly Stage III or Stage IV
  • Inoperable, metastatic, or recurrent disease
  • A life expectancy of 24 months or less (longer for a life settlement)
  • A life insurance policy with a face amount typically over $100,000
  • Policy type: universal life, whole life, or convertible term policies are generally eligible.  Other types may also qualify.  It is always best to ask.

Many people who don’t have cash value in their policy mistakenly assume they don’t qualify, but even term policies can be sold if they include a conversion option.

Common Treatments for Pancreatic Cancer

The type and stage of pancreatic cancer, along with overall health, influence treatment decisions. Common treatments include:

  • Chemotherapy
    Often used as a first-line treatment, with drugs such as FOLFIRINOX, gemcitabine, and nab-paclitaxel (Abraxane)
  • Targeted Therapy
    Some patients may receive PARP inhibitors like olaparib if they carry certain genetic mutations (such as BRCA1/2)
  • Immunotherapy
    For patients with specific biomarkers (such as microsatellite instability-high tumors), immune checkpoint inhibitors such as pembrolizumab (Keytruda) may be used
  • Radiation Therapy
    Sometimes used for locally advanced tumors to relieve symptoms or shrink the tumor before surgery
  • Surgery
    In select cases, surgery such as the Whipple procedure (pancreaticoduodenectomy) may be an option, although only a small percentage of patients are surgical candidates at diagnosis
  • Palliative Care
    Focuses on symptom relief and quality of life, and may be provided alongside curative or life-extending treatments

Because treatment costs can escalate quickly and many times, health insurance does not cover all expenses, selling a life insurance policy may provide a critical source of funding when other resources are limited.

Why Consider a Viatical or Life Settlement?

Many individuals are unaware that they can sell their policy for immediate cash. This can be especially important when:

  • Treatment is expensive and not fully covered by insurance
  • You’re unable to work or earn income
  • Your family needs financial support
  • You want to reduce end-of-life stress or travel to be with loved ones
  • You’re planning for palliative care, hospice, or in-home support

A viatical settlement may allow you to redirect your policy’s value toward living needs, now when you need it the most.

Selling life insurance after a pancreatic cancer diagnosis can provide much-needed financial relief, especially if you qualify for a viatical settlement. Most people with late-stage or inoperable pancreatic cancer do. If your life expectancy is limited due to this diagnosis, you may be eligible to receive a lump-sum payment from your policy without taking out loans, incurring debt, or waiting for a death benefit to be paid to beneficiaries.

If you or a loved one is navigating a pancreatic cancer diagnosis, exploring a viatical or life settlement can help provide immediate support, flexibility, and peace of mind during an incredibly difficult time.  Please give us a call today at 800-727-7654 to learn if you qualify.

Selling a Life Insurance Policy After a Stroke

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Infographic showing eligibility and benefits of selling a life insurance policy after a stroke, including stroke types, qualifying health changes, and common uses for settlement funds

Experiencing a stroke can dramatically shift a person’s financial and medical outlook. For seniors or their families, selling a life insurance policy after a stroke may offer a way to relieve financial pressure, particularly when long-term care, rehabilitation, or loss of income becomes a concern. While not everyone who’s had a stroke will qualify, a life settlement can be a powerful tool for those whose health has been seriously affected.

What Is a Life Settlement?

A life settlement allows a policyholder to sell their life insurance policy to a third-party buyer for a lump sum cash payment. The buyer takes over premium payments and receives the death benefit when the insured passes away. Life settlements are typically available to individuals over age 65, but younger people may qualify if they have serious health conditions such as the aftereffects of a stroke.

When a Stroke May Qualify Someone for a Life Settlement

A stroke, or cerebrovascular accident (CVA), can vary significantly in severity. A policy may be eligible for a life settlement if the insured has ongoing complications such as:

  • Partial paralysis or weakness (hemiparesis)
  • Difficulty speaking or swallowing
  • Cognitive decline or memory problems
  • Dependence on a caregiver for daily tasks
  • Recurrent strokes or other comorbid conditions (such as heart disease or diabetes)

These long-term effects signal a substantial change in health from when the policy was originally issued, which is a key factor in determining eligibility. Those with a severely shortened life expectancy may be eligible for a viatical settlement.

When a Stroke May Not Qualify

It’s important to understand that not all strokes result in long-term health deterioration. If the stroke was mild (a transient ischemic attack or mini-stroke) and the individual made a full recovery with no lasting impairment, selling a life insurance policy after a stroke may not be an option. Life settlement buyers typically require evidence of a serious decline in health or a shortened life expectancy when considering a policy for purchase.

Types of Policies That May Be Eligible

The following types of policies are generally considered:

  • Universal Life
  • Whole Life
  • Convertible Term Life (must still be within the conversion window)

Policies should generally have a face value of at least $100,000. The premium costs and remaining coverage length will also factor into a policy’s life settlement value.  If your policy type is not listed, please give us a call.  Every case is unique and it is always best to ask. 

Using Funds from a Life Settlement

Proceeds from a life settlement can be used for:

  • Home health care or assisted living
  • Rehabilitation therapy or equipment
  • Paying off debt or medical bills
  • Covering everyday expenses during recovery

There are no restrictions on how funds are used.  This financial flexibility can make a major difference during a time of uncertainty.

Selling a life insurance policy after a stroke is worth exploring for individuals whose stroke has led to lasting health challenges. It’s not always a guaranteed option, especially if the stroke caused no permanent damage, but for many, it may offer a source of much needed financial support.

To learn if you’re  likely to qualify, please give us a call today at 800-727-7654.  It usually only takes a 5-10 minute phone call to learn if you’re eligible to access the hidden value in your life insurance policy through a life settlement. 

Life Settlements for Advanced Diabetes

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Infographic explaining life settlements for advanced diabetes, highlighting qualifying complications and common uses for settlement funds

Many people are surprised to learn that it’s possible to access funds from a life insurance policy while still alive. For those living with serious health conditions, selling a policy through a life settlement may provide much needed financial relief. Life settlements for advanced diabetes can help when complications from this progressive disease shorten life expectancy and increase the need for expensive care whether it be for treatments or for specialized home care.

Understanding the Life Settlement Process

A life settlement allows the policyholder to sell their existing life insurance policy to a third-party buyer in exchange for a lump sum that is greater than the policy’s cash surrender value but less than the full death benefit. The buyer then assumes responsibility for future premiums and becomes the new owner and beneficiary of the policy.

To qualify, most sellers must be age 65 or older and have a health condition that significantly impacts life expectancy. This is where the severity and management of diabetes come into play. Those that qualify may be able to turn life insurance into cash to help cover treatment costs.

When Diabetes May Qualify for a Life Settlement

Not everyone with diabetes will qualify. Well-managed diabetes, especially when controlled with oral medication and stable lab results, often does not reduce life expectancy enough to meet settlement eligibility criteria.

However, advanced diabetes, especially when accompanied by serious complications, may qualify. Common complications include:

  • Chronic kidney disease or dialysis
  • Severe neuropathy
  • Amputations
  • Diabetic retinopathy
  • Frequent hospitalizations or infections
  • Uncontrolled blood sugar levels over time
  • Cardiovascular complications

In these cases, the policyholder’s health may be evaluated as high risk, and a life settlement buyer may offer a substantial lump sum payout. Many policies can qualify including universal life, whole life, and even convertible term policies which may qualify for a term life insurance settlement. 

Using Settlement Funds for Medical Costs

Managing advanced diabetes often means facing high out-of-pocket expenses for:

  • Frequent doctor and specialist visits
  • Medications and insulin
  • Wound care or prosthetics
  • Home health aides or assisted living

A life settlement can help cover these costs, providing financial flexibility and reducing the burden on family members. In some cases, the funds are also used to pay off debt or create a financial cushion during retirement.  There are no restrictions on the use of funds.

Next Steps for Policyholders with Diabetes

If you or a loved one is living with advanced diabetes and owns a life insurance policy, a life settlement could be worth exploring. The process typically begins with a policy review and health assessment to determine eligibility. Even if you’re unsure whether your diabetes is advanced enough, it may still be worth checking with an experienced life settlement company.

Life settlements for advanced diabetes can offer a financial lifeline when the cost of care becomes overwhelming. While not all people with diabetes will qualify, those with serious complications may be able to turn an underused policy into immediate financial support. To learn if you qualify in a short 5-10 minute phone call, please give us a call at 800-727-7654.  We can help you obtain a no obligation policy appraisal to help you get an idea of the hidden value in your life insurance.

Selling Life Insurance After Mesothelioma Diagnosis

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Infographic explaining how selling life insurance after mesothelioma diagnosis can help cover medical bills, care expenses, and financial needs.

Following a mesothelioma diagnosis, many patients and their families are confronted with not only complex treatment decisions but also the financial burden that often comes with serious illness. Selling life insurance after mesothelioma diagnosis can offer a practical solution by turning an existing policy into immediate funds to help manage medical costs, household expenses, or other financial priorities during this difficult time.

Understanding Mesothelioma and Life Expectancy

Mesothelioma is a rare and aggressive cancer, most commonly caused by exposure to asbestos. It primarily affects the lining of the lungs (pleural mesothelioma) but can also develop in the lining of the abdomen (peritoneal mesothelioma) or other areas. Because mesothelioma is often diagnosed in later stages, it carries a limited life expectancy. Many patients face survival periods of 12 to 24 months after diagnosis, though some may live longer depending on the type of mesothelioma, age, overall health, and available treatment options.

The serious nature of this illness is one reason why selling life insurance after mesothelioma diagnosis may be an option for many policyholders. Life settlement providers often consider the reduced life expectancy when evaluating a policy, which can result in higher offers compared to individuals with chronic but less severe conditions.

Who May Qualify to Sell Life Insurance After Mesothelioma Diagnosis

Eligibility for selling a life insurance policy after mesothelioma diagnosis depends on several factors, including:

  • The stage and type of mesothelioma
  • The insured’s age and overall health
  • Life expectancy projections based on medical records
  • The face amount of the policy
  • The type of policy (universal, whole life, or convertible term)

Because mesothelioma is classified as a terminal or life-limiting condition in most cases, many individuals meet the qualifying criteria for a life settlement or viatical settlement.

Common Treatments for Mesothelioma

While there is no cure for mesothelioma, advances in treatment have provided options to help slow progression and manage symptoms. Some of the common therapies include:

  • Chemotherapy (such as cisplatin and pemetrexed)
  • Immunotherapy (including nivolumab and ipilimumab)
  • Surgery (pleurectomy/decortication or extrapleural pneumonectomy)
  • Radiation therapy
  • Clinical trials offering experimental treatments

Even with treatment, many patients experience significant financial strain from medical costs, travel for specialized care, loss of income, and ongoing living expenses.

How Selling Life Insurance After Mesothelioma Diagnosis Can Help

Selling a life insurance policy allows the policyholder to receive a lump sum cash payment that can be used immediately. Common uses for the funds include:

  • Paying for ongoing medical treatments
  • Covering in-home care or hospice expenses
  • Managing household bills and debts
  • Providing financial stability for loved ones
  • Funding travel, personal goals, or creating lasting memories

Unlike loans or borrowing against a policy, a life settlement provides funds without the obligation to repay, offering much-needed relief during a challenging time.

Next Steps

If you or a loved one is exploring options for selling life insurance after mesothelioma diagnosis, it’s important to work with experienced professionals who understand both the life settlement process and the sensitive nature of this illness. An evaluation can help determine eligibility and provide a clear understanding of the potential value your policy may offer.  Learn if you qualify in a short 5-10 minute phone call.  800-727-7654

Do You Qualify?