Life Settlement Calculator
Explore Your Policy’s Potential Value
A life insurance policy can hold more value than you think. Using the life settlement calculator is a smart first step toward understanding what your coverage might offer beyond a traditional surrender.
Try the calculator now to get a better picture of your options, then connect with Matador to determine if a life settlement fits your retirement goals or current needs.
Life insurance policies often sit untouched, even when the original reason for having them no longer applies. Many pre-retirees are unaware that they may have another option besides letting the policy lapse or accepting a low surrender value.
The life settlement calculator provides a simple way to estimate what your policy could be worth if sold to a third party. Matador Insurance offers this tool to help you better understand your options and uncover value that may otherwise go overlooked.
What Is a Life Settlement?
In a life settlement, the policyholder transfers ownership to an investor in exchange for a payout between the policy’s cash value and death benefit. The buyer takes full ownership after purchase, paying premiums and receiving the benefit when the insured passes.
For those who no longer need coverage or want to free up funds for other priorities, a life settlement can offer a practical solution. The cash received can support retirement income, healthcare expenses, or family goals, often providing more value than surrendering the policy back to the insurer.
How This Calculator Works
The calculator is easy to use and requires only a few simple inputs to get started. Just enter basic details about your life insurance policy, such as the type, face amount, current cash value, and your age. The calculator then provides an estimated range of what your settlement offer could look like based on market data and similar cases.
The figures provided should be viewed as general estimates rather than final offers. For a precise evaluation and access to a network of qualified buyers, speaking with a Matador advisor is the next step.
Benefits of Using a Life Settlement Calculator
Generating an estimate can bring attention to potential financial strategies that were previously overlooked, including:
- Knowing the potential worth of your policy helps shape smarter financial decisions later on down the line.
- Weighing various options that allow you to maintain or repurpose coverage instead of ending it outright.
- Providing the insight needed to plan effectively for retirement with clear purpose and the utmost precision.
- Supporting aspirations like quality healthcare, once-in-a-lifetime travel, or multi-generational giving through smart use of available resources.
Tips for Accurate Estimates
To get meaningful and precise outcomes, it’s essential to begin with information that truly reflects your actual life and financial situation. You should use the most current policy data available, including the cash value and any recent changes to the contract. Health history may influence the final offer, so it’s helpful to have that context ready for later discussions.
Once you’ve reviewed your estimate, schedule time with a Matador advisor to take the next step. A professional review helps confirm eligibility, explains how the process works as a whole, and connects you with trusted institutional buyers.
