Frequently Asked Questions

Life settlements is a marketplace where you can sell your life insurance policy to investors, turning it into a valuable asset. The buyer assumes policy ownership, pays premiums, and collects the death benefit at maturity while you receive a lump sum payment.

Generally, policyholders who are older, have health changes, or no longer need their policy may qualify. Policy size typically needs to be between $100K-$10M, and the policyholder's life expectancy is a key factor in valuation.

The typical process takes 4-8 weeks from initial evaluation to receiving funds. This includes policy review, medical underwriting, offer presentation, and legal documentation.

Yes, life settlements are heavily regulated in 45 states. The industry operates under strict processes and regulations through organizations like LISA (Life Insurance Settlement Association) to ensure both policyholders and buyers work within legal frameworks.

Policy value depends on multiple factors including your health status, policy structure, premium costs, and life expectancy. Generally, the older and less healthy you are, the higher the policy value. Use our calculator for an initial estimate, then we'll provide a formal offer after reviewing your specific situation.

You'll need your original policy documents, annual statements, policy illustrations, verification of coverage, and you'll sign a HIPAA waiver for medical records review.

No. Our valuation tools, educational resources, and consultations are completely free. You will never be charged a fee by Life Settlement Labs.

We receive a referral fee from licensed life settlement providers.

Our technology delivers a preliminary estimate in minutes. Once you submit your policy and health information, our valuation engine runs actuarial models in real time to estimate what your policy might be worth. You don't need to wait days for a callback or fill out lengthy applications to get an initial answer.

Absolutely. We encourage you to get a second opinion before accepting any life settlement offer. Submit your policy details through our valuation tool, at no cost, and we'll provide an independent estimate. If our analysis suggests you might do better, we can connect you with licensed providers who may be able to improve on your current offer. There's no obligation to proceed.

Three reasons: Speed—you get a preliminary valuation in minutes, not weeks. Education—we help you understand what drives your policy's value before you talk to anyone trying to buy it. Independence—our valuation is based on actuarial models and market data, not on what a particular buyer wants to pay. Whether you ultimately work with us, another broker, or go direct to a provider, you'll be better informed.