Smart Life Check

Life settlement review

Thinking of selling your life insurance policy?

If you no longer need a policy, or the premiums have become a burden, you may have more choices than letting it lapse or cashing it in. For some people age 65 and older, selling the policy in a life settlement pays more than the insurance company's surrender value. We'll show you all your options, side by side.

Request my free review See if a review makes sense

Prefer to talk? Call (619) 679-9225

  • Free, no obligation
  • Nothing changes without your OK
  • Licensed California agency

How a life settlement works

  1. 1

    We review the policy first

    Before talking about selling, we check whether keeping, adjusting or exchanging the policy is a better fit.

  2. 2

    A licensed broker gathers offers

    If selling makes sense, a licensed life settlement broker shops the policy to multiple licensed buyers to find competitive offers.

  3. 3

    You decide

    You see every offer and can say no at any point. If you accept, the buyer pays you and takes over the premiums.

The honest trade-offs

Why people sell

  • Often more than the surrender value
  • No more premium payments
  • Cash for retirement, care or family

What to weigh

  • Your beneficiaries no longer receive the death benefit
  • Proceeds may be taxable
  • May affect Medicaid or other means-tested benefits
  • Buyers review your medical records, and the process takes time

Offers depend on age, health, policy type and premiums; we can't promise any amount. Life settlements are arranged through licensed life settlement brokers where required. Please talk with your tax and legal advisors.

Who reviews your policy

Your review is done by licensed life insurance professionals at HSK Insurance Solutions, a California-licensed agency based in San Diego. We specialize in policies people already own: checking how they're really performing and explaining the options in plain English.

  • LicensedCA agency license #0I06343 · verify it with the state
  • Local4719 Viewridge Ave, San Diego
  • Plain EnglishWe explain; you decide
  • No pressureOften the answer is "keep it" and we'll say so

The 1-minute self-check

Five quick questions. You'll get a plain answer on whether a review makes sense, and why.

1. Do you own a universal life or whole life policy bought before 2010?
2. Does a term policy's level premium end within the next 5 years?
3. Has your premium gone up, or have you received a notice that your policy may lapse?
4. Have your needs changed since you bought it (kids grown, home paid off, business sold, retired)?
5. Has it been more than 3 years since anyone reviewed your policy with you?

Questions people ask

Who qualifies for a life settlement?

Generally, policy owners 65 and older, or younger owners with significant health changes, and policies with at least $100,000 of coverage. Term policies that can still be converted may also qualify.

Is selling my policy safe and legal?

Yes. Life settlements are regulated in California and most states. Buyers and brokers must be licensed, and California requires written disclosures and gives you a period to cancel after signing.

Will my family know?

Your information is kept confidential. Many people do involve family members or their advisor in the decision, and we encourage it.

What does the review cost?

Nothing. The review is free and there's no obligation. If you decide to make a change, we're paid by the insurance company, as licensed agents typically are.

Will you cancel or change my policy?

No. Nothing changes unless you decide it should, in writing. We never recommend letting a policy go until any new coverage is fully in force.

What do I need to get started?

Your most recent annual statement is ideal. If you can't find it, the insurance company name and policy number are enough. With your signed permission, we request the details for you.

Who will I be talking to?

A licensed life insurance agent with HSK Insurance Solutions, a California-licensed agency (license #0I06343) based in San Diego. Not a call center, and nobody will pressure you.

How do I know you're legitimate?

Good question to ask. You can look up our California agency license, #0I06343, on the Department of Insurance website. We're based at 4719 Viewridge Avenue in San Diego. We will never ask for your Social Security number, bank or card details online, and we never pressure anyone to decide on the first call.

Is my information kept private?

Yes. We use your information only to review your coverage and contact you about it. We don't sell your information. See our privacy policy.

Not ready to talk yet?

Get our free guide, 7 Questions to Ask About an Older Life Insurance Policy. Read it at your own pace, and share it with your spouse or advisor.

Get the free guide

Request your free review

Takes about a minute. A licensed agent will call within one business day, at the time you prefer.

Or call (619) 679-9225

Step 1 of 2: your contact info

Step 1 of 2 · Private and never sold. We never ask for your Social Security number or bank details online.