Instant Life Settlement Calculator for 2024

Rebecca Parson
Rebecca Parson

Rebecca Parson


Rebecca Parson is a financial and tech writer with 10 years of experience writing about topics such as life insurance, commodities investing, and the SaaS industry. She has a master’s degree from Johns Hopkins University and a bachelor’s degree from the University of Mary Washington. Her writing has appeared at,,,,, and more.

Brian OConnel
Brian OConnel

Brian O'Connel


Brian O’Connell has been a contributing writer for U.S News & World Report since 2016. A former Wall Street bond trader and the author of two best-selling books; “The 401k Millionaire” and “CNBC’s Creating Wealth”, he has 20 years experience covering business news and trends, particularly in the business and financial sectors. He believes education is the best gift a financial consumer can receive – and brings that philosophy to every story he writes. His byline has appeared in dozens of top-tier national business publications, including CBS News, Bloomberg, Time, MSN Money, The Wall Street Journal, CNBC,, Yahoo Finance, CBS Marketwatch, and many more.

By Rebecca Parson, Brian O'Connel
Author, Contributor, Life Insurance

A life settlement calculator can provide a rough estimate of what your life insurance policy may be worth. There are 4 primary factors (variables) that our life settlement calculator uses to provide you with an estimated value of selling your policy.

Life Settlement Calculator


Most life insurance policy calculators will only give you their estimate after you provide your contact information so they can repeatedly follow up. We’ve provided a life settlement calculator below with no contact info required because our goal is to be an educational resource.

Related Read: How To Sell Your Life Insurance Policy (2024 Guide)

What Is a Life Settlement Calculator?

A life settlement calculator an online tool that factors in your age, policy value, health, and policy type to give you a rough estimate of what your life insurance policy might be worth, and if you are eligible to sell it.

Eligibility Requirements to Sell Your Life Insurance

Life settlement buyers take many factors into account to determine if they’re interested in buying your life insurance policy, but the three most important are:

  1. Your age or health: To sell your life insurance policy, you’ll typically need to be at least 65 years old or have a major health condition.
  2. Policy size: Life settlement providers (buyers) usually look for a death benefit of at least $100,000.
  3. Premiums: A buyer of your life insurance policy will have to pay premiums to keep your policy in force. The lower the premiums, the more a buyer will pay you for the policy.

What Kind of Life Insurance Can You Sell?

You can sell most types of life insurance, including:

  • Term life insurance
  • Universal life insurance
  • Variable life insurance
  • Joint life insurance (first or second to die)
  • Whole life insurance
  • Some group life insurance policies

The 5 Factors That Cause Life Settlement Calculators to Be Inaccurate

Before using a life or viatical settlement calculator to estimate the value of your policy, it’s important to understand that it can only give a rough estimate. The actual price can only be determined after a buyer reviews the policy documents, including a policy illustration and the insured’s detailed health records. 

While we’ve offered a life settlement calculator below to give you a rough estimate, we want you to know five critical factors that make life settlement calculators inaccurate:

  1. Premium Trajectory: Knowing your current premiums isn’t enough because the predicted cost of premiums over the next 20 years is more important the the current premiums owed. This is determined through complex life insurance policy optimizations and significantly affects the calculation.
  2. Health Details: While you can indicate your general health status in a calculator, a buyer will conduct an in-depth review of your health records for a precise evaluation. Many policies for healthy policyholders sell, but the highest offers go to those in poor health. Even a condition like moderately high blood pressure can increase your policy’s value.
  3. Policy Specifics: Factors such as whether the policy is guaranteed, at what age it lapses (e.g., 95 years old, 100 years old, or beyond), and whether it is a convertible term policy or a universal life (UL) policy play critical roles in valuation.
  4. Shadow Accounts: Most people don’t know shadow accounts exist, but they have a huge impact on your policy’s value. Shadow accounts calculate and maintain a record of account values. They consider future costs and projected interest earned on your premiums, which the insurance company invests. Your insurance company will almost never give you your shadow account value, which is why you need a buyer’s actuaries to calculate an approximation of it based on the specifics outlined in your policy.
  5. Company Rating and COI Adjustments: The insurance company’s rating has a minor impact on the valuation, as does the frequency of cost of insurance (COI) increase (how often does the company raise premiums).

The life settlement calculator above, like all of them, exists only to give you a basic idea of what your policy is worth. It could be off by over 50%. Please fill our our contact form here so we can do a deeper dive into your policy and provide you with a more accurate value.


What Is the Average Payout for a Life Settlement?

Depending on age, type of policy, overall health and future premiums, you could get anywhere from 2-80% of your policy’s face value. This is why it’s important to get multiple offers.

How Are Life Settlements Calculated?

Life settlements are calculated using information such as the policyholder’s health, the future projection of premiums, whether the policy is guaranteed, and many other factors.

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