How to Cash in a Life Insurance Policy


The first step to cash in a life insurance policy is knowing if you qualify. We will need to know some basic policy and health information. You can provide this information by completing our online form or by calling us at 1.800.268.3687 to speak with a policy specialist.

Document Submission & Review.

This portion of the process consists of signing an authorization that allows us to gather copies of your medical records and life insurance policy information.

Offer & Acceptance.

Once the value of your policy is determined, you may receive an offer from Coventry First, our licensed life settlement provider. You can choose between selling your entire policy for cash or keeping part of your policy’s death benefit while eliminating future premium obligations.

Timing varies when trying to cash in your life insurance policy. It all depends on how long it takes to receive and evaluate your medical records, how soon you are able to sign and return documents, and how quickly your life insurance company transfers ownership.

Check out our customer reviews to learn more about the benefits of working with Coventry Direct.

Start the process

Request a brochure.

Inside, you’ll find more information about us and the process of selling your policy.


This is not an application. You will receive a phone call in response to filling out this form. By clicking Submit you agree to receive communications from Coventry Direct and its affiliates.

We’re here to help. Speak with a Policy Specialist today at 1-800-COVENTRY