Senior Settlement Insurance Types

A senior settlement can be available on the following types of life insurance policies.

- Whole life insurance: You may be able to cash in your whole life policy for its net cash surrender value, which is equal to the savings in your policy plus any dividends and interest, minus any loans, loan interest, and surrender fees. Ask your insurance company what your surrender value is, and compare it to any senior settlement you're offered.
- Term Life insurance
- Universal life insurance
- Individual policies insurance
- Group policies insurance
- Corporate policies insurance
- Policies held in an irrevocable life insurance trust

Some settlement restrictions might apply, call 1-888-973-8377 to speak with a senior settlement counselor.