Can I sell my group life insurance policy?

Can I sell my group life insurance policy?

Yes, you can sell your life insurance policy by obtaining a life settlement. The process of obtaining a life settlement involves selling a life insurance policy to a third-party buyer for a cash payout that is more than the policy’s cash surrender value but less than the total face value of the policy. Jan 22, 2021

See also  What is Transamerica rating?