What Is a Life Settlement?

A life settlement is when you sell your life insurance policy to an outside buyer for a cash payment — typically 4 to 10 times more than what your insurance company would offer as the cash surrender value. You receive a lump sum, the buyer takes over the premium payments, and eventually collects the death benefit.

Many seniors don't know this option exists. Instead, they either keep paying premiums on a policy they no longer need, or they simply let it lapse — walking away with nothing. A life settlement means you actually get paid for the coverage you've been paying into for years.

Learn more about life settlements

Why Work With Citizens Life Group?

Most people only sell a life insurance policy once. You need someone who knows the market inside and out — and whose only job is to get you the most money possible.

Fiduciary Brokers in Your Corner

The licensed brokers we connect you with are fiduciaries — legally required to act in your best interest, never the buyer's. Your highest offer is their only obligation.

We Shop to Multiple Buyers

We submit your policy to a competitive marketplace of vetted institutional buyers, driving up the offer you receive.

Licensed & Regulated

Life settlements are regulated in 43 states. We work exclusively with licensed brokers operating under strict state insurance department oversight and consumer protections.

Based in Orlando, FL

We are a Florida-based firm serving seniors across the country. You'll always speak with a real person who understands your situation.

Our story and commitment

How Selling Your Policy Works

Three simple steps from your first conversation to cash in hand.

Get Your Free Estimate

Fill out our short form or give us a call. We'll review your policy details and let you know if you qualify — usually within one business day.

Start your estimate →

We Shop Your Policy

We submit your policy to our network of qualified buyers and run a competitive bidding process to get you the highest possible offer.

See the full process →

You Get Paid

You review all offers with no pressure. If you accept, we handle the paperwork and you receive your cash payment — typically within 60–90 days.

See what you could receive →

States regulate life settlements

Strong consumer protections by law

$1B+

Paid out in life settlements annually

In the U.S. secondary market

4×

Average payout vs. cash surrender value

Based on industry data

Free

To apply — no fees unless you sell

Zero risk to find out your number

Works with Licensed Brokers

Fiduciary Brokers Work for You

Regulated by State Insurance Departments

No Upfront Costs — Ever

Confidential & Secure Process

What Our Clients Say

Seniors and families who discovered a better option for their policy.

I had no idea I could sell my policy. I was about to let it lapse after paying into it for 22 years. Citizens Life Group got me a cash offer I never would have expected.

Margaret T.

Retired, age 74

They explained everything clearly, never pressured me, and shopped my policy to multiple buyers. The whole process was simpler than I expected.

Robert & Helen K.

Ages 71 & 68

My financial advisor had never even mentioned this option. I'm glad I found Citizens Life Group — they truly worked to get me the highest offer.

James W.

Retired, age 79

Don't Let Your Policy Lapse Without Finding Out What It's Worth

It takes less than 3 minutes to get started. No obligation, no pressure, completely free. You may be surprised at what your policy is worth.

Get My Free Estimate → Call (321) 270-0279

Mon – Fri, 9am – 8pm · Sat – Sun, 10am – 8pm Eastern · Free consultation · No pressure

You Paid Into Your Policy for Years — Make Sure You Get What It's Worth

Find Out What Your Policy Is Worth

You're All Set!