Short answers about exploring a sale of convertible term coverage.
No. Submitting a form or talking with us does not obligate you to sell. You can stop at any time before you sign a purchase agreement.
No. A life settlement is a sale of the policy (or an interest in it), not a loan against it. If a transaction closes, ownership transfers under the agreement and applicable law.
If the policy is sold, the buyer (or their designee) typically becomes the beneficiary for the portion sold. That is disclosed before you sign. If you do not sell, your policy and beneficiaries stay as they are.
Convertible term policies where a sale may make sense — often when health has changed since issue, the insured is roughly 55–75 (sometimes younger with a meaningful health change), and the policy is still in force and convertible.
No. Health, age, face amount, carrier, convertibility, and premiums all matter. Many policies will not qualify. We only move forward on files that can be underwritten and purchased.
Basics first (age, face amount, carrier, whether the policy is active and convertible). Later steps can include policy details, ID, and medical records authorization if you choose to continue.
There is no cost to submit the form or have an initial conversation about whether a file may fit.