
Considering Other Policy Options?
At Abacus, we understand that you, like many other people, may have a life insurance policy you no longer need. We are dedicated to helping you learn the facts about your life insurance options so you can make an informed decision and get the most out of your policy. We are committed to serving you with the confidentiality, transparency, and urgency you deserve.
As one of the nation’s most experienced and respected life insurance purchasers, we are here to personally assist you every step of the way. We will arm you with the information you need to determine if selling all or a portion of your life insurance is the right option for you.
Why Would I Consider Selling My Life Insurance Policy?
In 1911, the United States Supreme Court established life insurance policies were personal property. Since then, it has been established law that your life insurance policy is just like any other asset, and you have the choice to consider how best to use it for your financial future. Some of the most common reasons you may consider selling all or a portion of your policy include:
1. You Can No Longer Afford Premiums.
Depending on the terms of your policy, changes in the insurance market and poor policy performance could drive up the price of the premiums you pay. Or you may have experienced an unexpected financial issue – like increased medical bills, legal issues, assisted living costs or tax issues – that’s now stretching your budget. Any number of factors often force people to stop paying their premiums and surrender a policy or simply let it lapse. In fact, the majority of all life insurance policies lapse, and all the funds invested through premiums are simply kept by the insurance company. The better option is often to sell all or part of your policy for a cash amount far higher than the surrender value.
2. Funds Are Needed To Pay For Medical Care Or Some Other Expense.
Faced with financial changes or hardships, selling your policy to recoup the equity you’ve built over the years is a viable option to fund a large expense, such as funding assisted living or cancer treatments, paying medical bills or premiums on another existing policy.
3. You want to re-invest the equity you’ve built to take advantage of a better opportunity.
You may want to recapture the dollars you’ve paid over the years into your life insurance policy and invest in a business, purchase a new home, pay off a debt or tax liability, purchase an income -generating annuity or take advantage of another opportunity where the equity built in your policy could better serve you.
4. Your Life Circumstances Have Changed
As we move through the various stages of life, many individuals find they simply no longer need a life insurance policy. Life changes, including divorce, retirement, the absence of an estate tax burden or your beneficiaries no longer needing the policy benefits are also reasons to consider selling a policy.
Learn More About Your Options
To learn more about if this is the right option for you, use our confidential Online Options Tool or call us at (800) 561-4148 to speak to a live representative.

Terry, Policy Seller
“Abacus kept me informed throughout the entire process with constant updates every step of the way. Because of their professionalism and knowledge, I found the experience to be less stressful than I had originally feared. I would recommend Abacus to anyone who is coping with a life-changing event like cancer and needs to make tough financial decisions to improve their quality of life. They treated me like a real person and I truly felt Abacus had my best interest in mind.”