Partner with an Experienced Life Settlement Broker

IMS Settlements is a leading Life Settlement Broker who can assist you in selling your Life Insurance Policy for cash in a smooth and transparent manner.

There are many reasons a Life Settlement may be right for You:

  • Premiums become Too Expense or Unafforable
  • The Insurance is no longer needed
  • Increased Medical Expenses
  • Need for Emergency Funds
  • Changing Estate Planning needs

Life Settlements Defined

A Life Settlement is the sale of an existing Life Insurance policy, where the policy owner sells the policy in exchange for a lump-sum cash benefit. Policy ownership is changed and the new owner assumes premium payments and becomes the beneficiary. The sale of an existing Life Insurance policy can provide many benefits to the policy owner.

Policies That Qualify

There are numerous life insurance policies that can be the subject of a life settlement. Typical provisions include the following:

Policies That Qualify

There are numerous types of Life Insurance policies that can qualify for a Life Settlement and depending on the details most types of Policies can Qualify.

Type of Policy

Universal Life

Indexed Universal Life

Whole Life

Convertible Term

Non Convertible Term

Joint Survivorship Policies

Variable Life

*Check with IMS if your policy type is not listed.

Insured's Age

Ages 65 and Older
(some younger ages can qualify)

Generally the older the Insured the larger the value of the Life Settlement

Face Amount

$100,000 - 100,000,000+

The larger the policy the larger potential value of the Life Settlement.

Health Status

A moderate or major change in the Insured's health since policy issue.

A more significant change in health since policy Issue creates more value in a Life Settlement.

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"IMS worked hard to help educate us about the process and the suitability of a life settlement. Once we got the process started he was transparent and professional."

- Maggie M.

Life Settlement Case Example

Michael, an 82 year old male living by himself and was beginning to have issues supporting himself day to day. Michael owned a $250,000 Universal Life policy with an Annual Premium of $9,575 dollars. Michael sold his policy and used the money to pay for In-Home Long-Term Care support to allow him to maintain his independence and remain in his home.

When to Consider Selling a Life Insurance Policy

The economic environment and financial needs of consumers are changing, people are living longer and the cost of living continues to go up. As a result, insurance policy owners and their financial advisors are taking an increasingly creative approaches to meeting those financial needs. The Life Insurance Settlement market emerged as financial professionals and policy owners began demanding that more options be available for owners looking to surrender or cancel their life insurance policies. Life Settlements have become a vital component of senior financial planning as policy owners turn to Life Settlement Brokers to increase their liquid capital base.

There are a variety of Reasons why Policy owners may want to sell their policy:

Premiums become too expensive or unaffordable

Insurance is no longer needed

Need for emergency funds

Mitigate longevity risk

Changing estate planning needs


Provides capital to purchase a new, more cost efficient life insurance policy, a long-term care policy, or annuity


Buy-sell agreements, where the owners have retired or the business has been sold


Deferred compensation plans, where the covered executive has left the company


Key man policies, where the insured has retired or left the company


Why Use IMS Settlements?

  • Over 50 years of Combined Experience
  • Life Settlement Training & Education
  • Competitive & Transparent Auction Process
  • IMS Satisfaction Guarantee
  • Work with an experienced life settlement broker
  • Proprietary Policy Pricing Model

Request Your Free Valuation

Complete our brief valuation form to receive your
no-obligation appraisal.

ims-settlements-satisfaction-guarantee
IMS Satisfaction Guarantee

We hold ourselves to the highest standards of Service and Professionalism so if you don't like our work or our offers - let us know in writing and we will turn over your file.