Best Life Settlement Companies For 2023

Let’s talk Best Life Settlement Companies. What is a life settlement company and what do they do? The simple answer is a life settlement company is a buyer of life insurance policies. They are third party investors who pay policy owners cash today to purchase their life insurance policy. In exchange for cash, the policy owner gives up the ownership rights to the policy and the beneficiaries give up the rights to the death benefit when the insured passes away. Once the policy owner sells the rights to the life settlement company, they no longer have any financial obligations to the policy, including paying future premiums. There are many Life Settlement Companies and I am here to highlight some of my favorites to work with. I want policy owners to have the definitive guide to the best life settlement companies for 2023.

Now to be transparent, I am a life settlement broker. It is my job to represent you the policy owner when you want to sell your life insurance policy. As a life settlement broker, I present your policy a network of life settlement companies that I have a relationship with. I shop your policy in an effort to gain purchase interest from multiple buyers at the same time. The end goal is to create demand and entice a bid war to maximize the life settlement offer for your life insurance policy. It’s similar to selling a house with a real estate agent. The agent promotes and brings in buyers to look at your house. The more interested buyers making offers, the more money you get for your house. Same goes for selling your life insurance policy with a life settlement broker. I represent the sale of your life insurance policy to life settlement buyers to gain as many offers as possible.

Why do I want you to have my list of best life settlement companies for 2023?Simple, I want you to have every option to sell your policy. Do I think you should work with a life settlement broker like myself to ensure you receive the best possible representation, yes of course. Do I think you will see more cash in your pocket when selling a policy by working with a broker, 100% I do! But, you may want to sell your life policy on your own, so I’m here to give you the best resources of life settlement buyers to take selling into your own hands.

Top Life Settlement Companies 2023

• COVENTRY DIRECT
• ABACUS LIFE SETTLEMENTS
• MAGNA LIFE SETTLEMENTS
• BERKSHIRE SETTLEMENTS
  

COVENTRY DIRECT https://www.coventrydirect.com

Coventry is the largest and the original buyer of life insurance policies. Coventry buys more than any other life settlement buyer year over year. They purchase policies direct from policy owners and also work with life settlement brokers, life insurance agents, and other advisors.

You may be familiar with Coventry from the sell your life insurance commercials on tv, and from their wide ranging ads on Google. Coventry is the big dog at the park and they continue to grow and advance the life settlement industry.

Coventry is easy to work with, and they close fast. You can reach them directly through their website or you can call them at 1-800-268-3687.

Coventry is a member of LISA https://www.lisa.org

ABACUS LIFE https://abacuslifesettlements.com

Abacus Life is the number 2 buyer for life insurance policies. Abacus has been in business since 2004 and purchases policies direct from consumers and also from brokers and agents. Abacus is a BBB A+ rated accredited business and they have helped thousands of clients. Abacus helps walk you through the life settlement process if you are looking for a direct life settlement buyer. They are committed to servicing you with the upmost confidentiality, transparency, and urgency you deserve.

Abacus Life was Rated #1 Life Settlement Company of 2022 by The Balance

Abacus is a member of LISA https://www.lisa.org

MAGNA LIFE SETTLEMENTS https://www.magnalifesettlements.com

Magna has been helping policy owners sell their life insurance policies since 2004. They are leaders among life settlement companies offering seniors a direct life settlement buyer channel. Magna has a unique and very useful life settlement calculator that can help individuals estimate their life insurance policy value.

Magna is a member of LISA https://www.lisa.org

BERKSHIRE SETTLEMENTS http://berkshiresettlements.com

Berkshire Settlements is a buyer of life insurance policies licensed in all states. Berkshire is easy to work with, provides excellent communication and transparency, and will work to provide quality life settlement offers. Berkshire has helped thousands of qualified policy owners looking to cash in their life insurance policy.

Berkshire is a member of LISA https://www.lisa.org

Policy owners have choices when considering selling their life insurance policy for cash. They can sell a policy direct using the information above, or they can get the expert help of a life settlement broker such as Life Policy Solutions. The end goal for every policy owner should always be the same, to get the highest possible life settlement offer and to receive full transparency in the life settlement transaction.

If you are looking to sell a life insurance policy and would like further assistance and guidance please reach out to us at 844-440-7355 or visit our website www.cashoutlifeinsurance.com