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Life Settlements  |  Age 65+  |  Policy $100K+  |  Nationwide

Your Life Insurance Policy
Has Hidden Value — Unlock It Today

Sell your unwanted policy for 4–8× the cash surrender value. Free, confidential evaluation — no obligation to proceed.

Get My Free Policy Evaluation → Call 503-832-8555
✓ 4–8× cash surrender value ✓ Free evaluation ✓ Confidential ✓ No obligation
4–8×
more than surrender value
vs. what insurer pays
$100K+
minimum face value
to qualify for evaluation
60–180
days to cash in hand
after bid acceptance
$250K+
average settlement payout
for policies over $500K face value
Do You Qualify?

Most Policyholders Don't Know
They Can Sell Their Policy

👤

Age 65 or Older

Life settlements are available to policyholders 65 and older — or younger if there's been a significant change in health.

📄

Policy Face Value $100K+

Term, universal life, whole life, and group life policies all qualify — as long as the face value is at least $100,000.

💭

No Longer Need Coverage

Kids are grown. Mortgage is paid. Your estate plan has changed. If you no longer need the death benefit, don't let the policy lapse for nothing.

💸

Can't Afford Premiums

If premiums are becoming a burden, a life settlement turns a liability into a lump sum you can use today — rather than letting it lapse for zero.

The Process

Simple, Confidential, and Completely Free

01
Free Evaluation
We review your policy details and give you a no-cost, no-obligation preliminary value estimate.
02
Policy & Health Review
A licensed settlement provider reviews your policy type, face value, and health history.
03
Market Bidding
Multiple institutional buyers compete for your policy — maximizing the offer you receive.
04
Best Offer Presented
We present the highest bid with a full explanation of terms. You decide — no pressure.
05
Cash in Hand
Accept the offer and receive your lump sum — typically within 60–180 days of acceptance.
Why Settle vs. Other Options

The Numbers Don't Lie — Settlement Wins

Your Option What You Receive Typical Value Premiums Continue?
Let Policy Lapse Nothing — policy terminates with zero benefit $0 No (stops here)
Cash Surrender to Insurer Only accumulated cash value — set by insurer CSV only (e.g. $10K on $200K policy) No
Life Settlement ✓ Competitive lump sum from institutional buyers 4–8× Cash Surrender Value No — buyer takes over

Example: A $500,000 universal life policy with a $40,000 cash surrender value could yield $160,000–$320,000 through a life settlement — money you would otherwise forfeit entirely.

Rodney Cummings

"Most people don't know their life insurance policy is an asset they can sell. A free evaluation takes 10 minutes — and it could put tens of thousands of dollars in your pocket."

Rodney Cummings
Independent Insurance Broker  |  Oregon License #18847712
20+ Years Experience500+ Clients ServedFree EvaluationCompletely Confidential
Free & Confidential — 30-Minute Call

Get Your Free Policy Evaluation

In 30 minutes, Rodney will review your policy details, explain the settlement process, and give you a realistic estimate of what your policy could be worth — completely free, completely confidential.

100% confidential. No obligation. Scheduling takes under 60 seconds.

📄 Free Guide — The Complete Life Settlement Guide 2026

Want the Full Picture Before You Decide?

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Free Estimate Tool

What Is Your Policy Worth?

Answer four quick questions for an instant settlement range estimate. Real offers require a full underwriting review — but this gives you a ballpark in seconds.

Life Settlement Questions Answered

Everything you need to know before making a decision.

Is selling a life insurance policy legal?
Absolutely. Life settlements are regulated transactions in the U.S. The Supreme Court established in 1911 (Grigsby v. Russell) that a life insurance policy is personal property that can be sold. Today, most states have dedicated life settlement laws requiring licensed brokers and protecting policyholders. Oregon and most major states are fully regulated markets.
Who qualifies for a life settlement?
Generally, you need to be 65 or older with a life insurance policy of $100,000+ in face value. Policies of any type (term, whole, universal, variable) may qualify. Having a serious health condition significantly increases your chances and the offer amount. Premium burden — where you're considering lapsing or surrendering — also strengthens the case for a settlement.
How long does the process take?
The typical timeline is 60–90 days from application to cash in hand. The process involves: submitting medical and policy records (2–4 weeks), underwriting review by multiple buyers (2–4 weeks), receiving and comparing offers (1 week), choosing an offer and completing paperwork (1–2 weeks), and receiving payment (1–2 weeks after transfer). Rodney manages the entire process for you.
Are life settlement proceeds taxable?
Partially. The portion of the settlement equal to your basis (total premiums paid) is tax-free. Amounts above your basis up to the policy's cash surrender value are taxed as ordinary income. Amounts above the cash surrender value are taxed as capital gains. A tax advisor can help you structure the timing and use of proceeds to minimize your liability. Rodney can refer you to a tax professional.
Will a life settlement affect my Medicaid eligibility?
Potentially yes. Life settlement proceeds are countable assets and could temporarily disqualify you from Medicaid or affect your eligibility for other means-tested programs. If Medicaid planning is part of your retirement picture, discuss this with an elder law attorney before proceeding. Rodney can coordinate with your estate planning team.
Does Rodney charge a fee?
No upfront fees. As a life settlement broker, Rodney is compensated as a percentage of the settlement amount — paid by the buyer after the transaction closes. This fee is disclosed to you in writing before you accept any offer. You pay nothing out of pocket, and the fee is built into the offer structure, so you receive the net amount directly.
How is the offer amount calculated?
Buyers calculate offers based on life expectancy (from medical records), the cost of carrying the policy (premiums), and the face value at death. The shorter the expected life expectancy and the lower the ongoing premiums, the higher the offer. Working with a broker like Rodney — rather than going direct to one buyer — ensures competitive bidding from multiple institutional buyers, which typically increases the final offer by 20–40%.
Do I need to be terminally ill to qualify?
No. Terminal illness qualifies (that's a viatical settlement, a related product) — but standard life settlements are available to people 65+ with any health status. You don't need a terminal diagnosis. Age alone, combined with the right policy type and face value, is often sufficient. Declining health increases the offer, but good health doesn't disqualify you.
What's the difference between a life settlement and surrendering for cash value?
When you surrender a policy, your insurance company pays you the built-up cash value — typically 2–4% of the face value on term policies (which have zero cash value) and a variable amount on permanent policies. A life settlement sells the policy on the open market, typically yielding 4–25% of face value depending on health. For most qualifying policies, a settlement pays 2–10× more than surrendering to the insurer.
What happens to my beneficiaries?
Once the policy is sold, ownership transfers to the buyer and your named beneficiaries no longer have a claim on the death benefit. This is an important consideration. However, many clients use the settlement proceeds to fund new, smaller policies with lower premiums — or place the cash in an annuity that provides lifetime income. Rodney helps you think through the full picture before you decide.

What will you do with the proceeds?

Many clients use their life settlement proceeds to fund a smaller, more affordable policy — or place proceeds into a Fixed Index Annuity for guaranteed lifetime income. Rodney can help you plan both.

Explore New Life Insurance → Social Security Planning →

CLIENT RESULTS

What Our Life Settlement Clients Are Saying

★★★★★

"I was about to let my policy lapse because I couldn't afford the premiums. Rodney connected me with a life settlement and I received $87,000 instead of walking away with nothing. I'm still amazed."

Harold F.

Eugene, OR ·

★★★★★

"My financial advisor never mentioned this was even an option. Rodney explained the entire process, it was completely transparent, and we closed in about 90 days. Life-changing money."

Dorothy W.

Salem, OR ·

★★★★★

"I didn't need my policy anymore after the kids grew up. Rather than surrendering it for the cash value, Rodney helped me sell it for nearly 4 times more. Highly recommend at least getting an evaluation."

George A.

Medford, OR ·

Ready to write your own success story?

A free 30-minute conversation could save you thousands — or show you money you didn't know you had.

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