What’s My Life Insurance Policy Worth?
The value of your life insurance policy ultimately depends on a few variables, including the size of your policy, the type of policy you have, your policy’s premiums and your health status or life expectancy. Each of these factors can affect your policy’s value.
On average, policyowners who sell their policies can expect to receive more than four times the policy’s cash surrender value. And if you sell your policy directly to a licensed life settlement provider, you won’t have to share any of your proceeds with a broker or other intermediary.