Group life insurance policies may qualify for a life settlement if the policy is portable (can be converted to individual coverage) and meets standard eligibility requirements for age, face value, and health status.
Group Life Insurance
When you leave a job or retire, your employer-sponsored group life insurance usually ends. But many group policies include a conversion right — the option to convert to an individual policy. That conversion right can be worth real money, and most people never know it exists.
Don't Miss Your Window — Contact UsGroup life insurance policies typically cannot be sold directly. But many include a conversion privilege that changes everything.
The conversion right is the key. It transforms an employer benefit that would otherwise disappear into a personal asset with real secondary market value.
Confirm the conversion right
We review your group plan documents to verify you have the right to convert to an individual permanent policy without a medical exam.
Convert to an individual policy
We facilitate the conversion to a permanent individual policy — typically universal or whole life — using the conversion privilege before it expires.
Sell on the secondary market
Once converted, the individual policy can be marketed to institutional buyers. You receive a competitive lump-sum payment.
Group policy settlements are available to a specific set of individuals. If you fall into one of these categories and your plan includes a conversion option, you may have a significant opportunity.
Retirees — leaving the workforce and losing employer-provided coverage.
Employees separating from a company — voluntarily or through layoff, merger, or restructuring.
Anyone with a group policy that includes a conversion option — the specific benefit terms vary by employer plan.
Typically age 65 or older — though circumstances vary and younger policyholders may still qualify.
Most group policies have a 31-day conversion window after you leave employment.
If you miss that window, the option disappears permanently. You can't come back to it. You can't petition for an extension. The moment passes and your coverage — and any potential settlement value — is gone.
If you've recently left a job or are planning to retire, contact us immediately. We'll determine whether your group policy has conversion rights and what that means for you financially.
Don't Miss Your Window — Contact UsFree consultation. Time is critical.
Some group life insurance policies can be sold if they are portable — meaning they can be converted to individual coverage. Check with your employer or plan administrator about portability and conversion options.
When you retire or leave your employer, your group life insurance typically ends. If the policy is convertible, you may be able to convert it to individual coverage and sell it through a life settlement.