Selling Your Life Insurance Policy

Are You Thinking About Selling Your Life Insurance Policy?

We're here to help you understand all your options when it comes to selling your life insurance policy.

See If Your Policy Qualifies
Step 1 Educate Yourself on the Life Settlement Process

The more you educate yourself on life settlements the better off you will be. Take the time to read information, talk to a financial advisor who is well versed in life settlements, and consider ALL of your options.

Step 2 Find Out if Your Policy Qualifies.

First, you must determine if your policy qualifies for a life settlement. Not all policies qualify. However, if you are over 65 and have a life insurance policy worth at least $100,000, you will most likely qualify for a life settlement.

Step 3 Submit Your Policy to Get Your Estimate

Submit your policy for an estimate. You will be asked to provide details about your policy, health, and related questions. It can take 24 hours to 4 weeks depending on the complexity to get an offer(s) from a life settlement buyer.

Step 4 Review Your Settlement Offer and Accept.

Once you receive your offer(s), you will review and choose whether or not you want to accept one of them. You will receive the money once the policy transfer is complete. No more premiums – extra cash in the bank. A win-win for all involved.

A Different Type of
Life Settlement Company

Every day, seniors that no longer need their life insurance policy let their policies lapse. Many don’t know anything about life settlements. Beca Life is here to educate seniors on what life settlements are and explain what the process entails.

There are several reasons seniors consider selling their life insurance policy. With inflation hitting all areas of the economy, it is getting more difficult for seniors living on a fixed income. Many seniors struggle with insufficient funds for housing and healthcare, so they often prefer to cash in their policies.

Often, children are grown and self-sufficient, and the security blanket life insurance provided is no longer necessary. Premiums rise as the insured gets older, making holding onto the policy less attractive for seniors who no longer need the coverage.

What Sets Us Apart

We aim to provide you with the most accurate information to assist you in making an informed decision about selling your life insurance policy. Our team of life settlement experts is available to answer any questions and guide you through the entire process from start to finish.

We understand that selling a life insurance policy can be complex and emotional, so we are committed to providing support and guidance. When you feel ready to speak to one of our life settlement experts, you can contact us to learn whether a life settlement is a viable option.

Common Questions About Life Settlements

At Beca Life, our mission is to educate seniors and provide them with comprehensive information and assistance in maximizing the value of their life insurance policies. At Beca Life, we consider every client an extension of our family. One piece of advice we give to all of our clients is that a life settlement is always a better option than allowing your policy to lapse. Here are some short answers to some of the most common questions we are asked.

Got a Question We Didn't Cover?

Our aim is to educate seniors on their options. We welcome you to contact us with any of your questions about life settlements.


If an insured is 65+ and has a policy with a face value of $100,000 or more. Younger insureds can also qualify depending on their health. Overall health and life expectancy are the most important variables in the life settlement buyer’s equation.


Life settlements are legal and are regulated by almost all states. The government understands that life insurance needs change and have created regulations to protect both sellers and buyers of life settlements.


The premium costs must be manageable to the buyer. Future premium payments are a very important variable when a buyer determines what a life insurance policy is worth. The buyer of the policy will have to incur those same premium costs, and the lower the premiums, the more a buyer will pay.


Most types of policies can be eligible for a life settlement, including Universal Life, Whole Life, Term Policies and Variable Policies. With a Term Policy, the policy may have to have a conversion privilage (converting to a policy that will last to maturity) for buyers to consider.

Our Life
Settlement Blog

Go to the Blog

Sell your life insurance policy for cash.

See if you qualify now.

We’re here to help. Speak with a Policy Specialist today at +1 848-456-8333