Seller Rights
Know your rights before you sell.
Life settlement sellers are protected by state and federal regulations. Here's what you're entitled to — and what to watch out for.
Life settlement sellers have legal rights protected by state regulations, including the right to see all offers, a rescission period to cancel after signing, and protection against fraud or misrepresentation.
Seller Rights
Life settlement sellers are protected by state and federal regulations. Here's what you're entitled to — and what to watch out for.
These aren't just best practices — they're legal protections built into state life settlement regulations.
Your broker must disclose all offers, all compensation, and all parties involved in the transaction. Nothing should be hidden from you.
Your policy should be presented to multiple buyers, not just one. You deserve to see what the open market will pay — not a single take-it-or-leave-it offer.
Most states provide a cooling-off period — typically 15 to 30 days — where you can cancel the transaction after accepting an offer. You are not locked in.
Your medical and financial records are protected by law. They cannot be shared without your explicit consent, and data handling is subject to state and federal privacy regulations.
You have the right to work with a licensed broker who represents your interests — not the buyer's. A broker is legally obligated to work for you.
You must be informed of all your alternatives — including keeping the policy, surrendering it to the carrier, or taking a policy loan. Selling is one option. You should understand all of them.
Not every party in this market operates with integrity. Here's what should make you stop and ask questions.
A buyer who won't show you competing offers — or claims they're "the only one" who can help you.
A provider who pressures you to decide quickly, or creates artificial urgency around an offer.
Anyone who asks you to sign away your rights, waive disclosures, or skip the rescission period.
We represent sellers — not buyers. Our job is to get you the best offer available in today's market, with full transparency at every step.
Start the ConversationYou have the right to see all offers received, the right to rescind (cancel) within a state-mandated period (typically 15–60 days), full disclosure of broker commissions, and protection against fraud.
Yes. Most states provide a rescission period of 15–60 days during which you can cancel the transaction and keep your policy, even after signing the contract.