How Selling Your Life Insurance Works
With a life settlement, your life insurance policy can be sold for an immediate cash payment. Or, you could choose another life settlement option that allows you to retain a portion of your death benefit and eliminate your future premium payments.
Coventry Direct helps policyowners like you determine whether or not their policy qualifies for a life settlement.
If you are interested in selling your life insurance policy, here’s what you will want to know:
- Qualify: You can find out if you qualify for a life settlement by completing our online qualifier or you can call 1.800.COVENTRY and someone will assist you.
- Get Approved: If the policy qualifies for a life settlement, a quote will be presented to you for your consideration.
- Receive Payment: You will receive cash for the sale of your policy.