Lump-Sum Cash Life Settlement

The lump-sum cash payout option is an all-cash transaction where you receive a lump-sum payment for your life insurance policy via wire transfer or physical check. This option is great when you need an immediate source of cash but no longer need life insurance coverage. You also receive the added benefit of terminating your premium payment obligations, so you will have less money going out the door.

In short, a lump-sum cash payout life settlement will pay you cash, but you will no longer have the life insurance coverage.