How much is my life insurance policy worth?

Life insurance policies typically sell for 4x–10x their cash surrender value on the secondary market. Key factors include the insured's age (65+), health status, policy type (universal, whole, or convertible term), face value ($100,000+), and annual premium cost. Use our free calculator above for an instant estimate.

How much do life settlement brokers charge?

Traditional life settlement brokers charge 20–30% of the gross settlement amount. On a $500,000 settlement, that's $100,000–$150,000 in fees. Trust Life Settlements uses a flat-fee model with five capped pricing tiers — meaning you keep significantly more of your settlement proceeds regardless of offer size.

How is a life settlement calculator estimate determined?

Life settlement calculators use your policy's face value, your age, health status, policy type, and premium costs to estimate market value. The actual settlement amount depends on competitive bidding from institutional buyers. Our calculator provides a conservative range — the final offer may be higher when multiple buyers compete.

Can I sell my life insurance policy for more than cash surrender value?

Yes. Life settlements routinely pay 4x–10x the cash surrender value offered by your insurance company. For example, a policy with a $47,000 surrender value might sell for $185,000 or more on the secondary market. The insurance company benefits when you surrender cheaply — a life settlement puts that value back in your hands.

Free Tool

Life Settlement Calculator

Get an instant estimate of what your life insurance policy could be worth — then see exactly how much you save with our flat-fee structure versus a traditional broker.

Free EstimateNo Sign-Up RequiredFlat-Fee ComparisonInstant Results

Step 1: Estimate Your Settlement Value

Fill in the fields below. Your results will automatically feed into the fee comparison.

Your Name

Phone Number

Your Relationship to the Policy

Gender

Age *

Cash Surrender Value (optional)

Policy Face Value *

Annual Premium (optional)

Policy Type *

Current Health Status *

Complete the calculator above to unlock the fee comparison sliders.

Step 2: Compare Fees

Adjust the sliders to see how our flat fee compares to a traditional broker's 20%–30% commission.

Our maximum fee is capped at $60,000 — regardless of the policy size or the size of the offer.

Death Benefit (Face Value)$500,000

$100,000$5,000,000

Settlement Proceeds (% of face value)20%

10%50%

Your Settlement Proceeds

$100,000

Traditional Broker

$20,000 – $30,000

20%–30% of your settlement proceeds

Trust Life Settlements

$6,000

Flat fee — known before you commit

You Keep More

$14,000 – $24,000

more stays in your pocket with our flat-fee structure

This is a general estimate based on industry averages and is not a guarantee, appraisal, or binding offer. Actual settlement amounts depend on your specific policy terms, health records, and buyer demand. Contact Michael for an accurate evaluation.

How This Estimate Works

Industry Averages

Our model is based on publicly available life settlement industry data. Settlement amounts typically range from 10% to 40% of face value.

Key Factors

Age and health status have the largest impact on settlement value. Policy type and premium costs also affect buyer demand and offer amounts.

Not an Appraisal

This tool provides a ballpark range only. A real appraisal requires your full policy documents and health records — which our specialists handle for free.

Get a Free Accurate Evaluation

What Is a Life Settlement Broker Fee?

A life settlement broker fee is the commission or charge you pay when a licensed broker helps you sell your life insurance policy to a third-party buyer. Traditionally, these fees range from 20% to 30% of your gross settlement proceeds — meaning the more your policy sells for, the more you pay in fees. On a $200,000 settlement, a 25% commission takes $50,000 out of your pocket before you see a dime.

At Trust Life Settlements, we replace that percentage-based commission with a transparent, predictable flat fee. Our flat-fee structure means you know exactly what you will pay before you commit — no surprises, no hidden charges, and no incentive for us to rush you into a lower offer.

How a Flat-Fee Structure Saves You Money

Traditional life settlement brokers earn more when they close your deal quickly — even if a higher offer is still on the table. Their percentage-based model creates a built-in conflict of interest: the faster they close, the sooner they get paid.

With our flat-fee model, our compensation stays the same regardless of how high we negotiate your settlement. That means we are fully incentivized to shop your policy to as many licensed institutional buyers as possible and fight for the highest offer — because every extra dollar goes to you, not us. The calculator above shows the difference in real numbers.

$6,000

≤$100K

$15,000

≤$250K

$30,000

≤$500K

$45,000

≤$750K

$60,000

$750K+ (max)

Settlements over $750,000 carry a maximum flat fee of $60,000. View the full breakdown on our pricing page.

Who Qualifies for a Life Settlement?

Life settlements are available to policyholders who typically meet the following criteria:

Age 65 or older (some policies qualify at 60+)
Policy face value of $100,000 or more
Universal life, whole life, or convertible term life insurance
A change in health, finances, or coverage needs since the policy was purchased

Not sure if your policy qualifies? Use our free qualification checker to find out in under 60 seconds, or explore how the process works from start to finish.

Frequently Asked Questions

How accurate is this life settlement calculator?

This calculator provides a ballpark range based on publicly available industry averages. It considers your age, health status, policy type, and face value — the same factors real buyers evaluate. However, actual offers depend on your full medical records, specific policy terms, and current buyer demand. Think of this as a starting point — a free, no-obligation evaluation from our team will give you a much more precise figure.

What if my estimate seems low?

The calculator uses conservative assumptions. Many clients receive offers at or above the high end of their estimated range once buyers review the full details. Factors like recent health changes, convertible term policies, or high face values often push offers higher than the estimate suggests. Contact us for a real evaluation — it's free and you may be surprised.

Are life settlement broker fees negotiable?

Most traditional brokers charge a set percentage and have little room to negotiate. With Trust Life Settlements, there is nothing to negotiate — our flat fees are published up front and apply to everyone equally.

When do I pay the fee?

Our flat fee is collected only after your settlement closes and you receive your proceeds. There are no upfront costs, retainers, or hidden charges at any point in the process.

Why do age and health matter so much?

Life settlement buyers are purchasing the future death benefit of your policy. An older policyholder or one with significant health changes represents a shorter expected holding period for the buyer — which means they're willing to pay more today. That's why seniors with health changes often receive the strongest offers.

How is a life settlement different from surrendering my policy?

Surrendering your policy means accepting the cash surrender value from your insurance company — often a fraction of what the policy is worth on the secondary market. A life settlement sells your policy to institutional buyers who compete for it, typically delivering 4 to 8 times the surrender value.

Is selling my life insurance policy legal?

Yes. Life settlements are legal and regulated in the vast majority of U.S. states. Trust Life Settlements is a licensed broker operating in compliance with all applicable state regulations.

Does using this calculator commit me to anything?

No. This tool is completely anonymous — we don't collect any personal information. Using it creates no obligation whatsoever. If you'd like to take the next step, you can request a free evaluation, but that's entirely up to you.

Have more questions? Visit our full FAQ page or contact us directly.

Want a More Accurate Valuation?

The calculator above gives a ballpark estimate. For a real, market-based valuation, create a free profile and provide two additional pieces of information:

Create Your Profile

Click "Sign In" in the top right corner to create a free account. It takes less than a minute. After signing in, you'll be guided through a short onboarding form where you provide your name, phone number, and state of residence. Once complete, you'll land in your personal Client Portal — a secure dashboard where you can track your case, upload documents, and communicate with our team directly.

Upload Your Policy Illustration

In your Client Portal, navigate to "Documents" and upload your most recent in-force policy illustration (a PDF from your insurance company showing current values and projections). This is the single most important document for an accurate valuation.

Complete the Medical Questionnaire

In your Client Portal, fill out the brief medical questionnaire. This helps buyers assess life expectancy accurately, which directly impacts your offer. The more complete your health information, the more competitive your offers will be.

Why does this matter? Buyers base their offers on three things: your policy details, your health profile, and market competition. The illustration and medical questionnaire give them what they need to make a real, competitive offer — not just a ballpark guess.

Need help? Call us at (800) 216-2513 and we'll walk you through it step by step.

Learn More About Life Settlement Fees & Value

How Much Do Brokers Charge?

Traditional fees vs. flat-fee pricing

Is Your Offer Too Low?

Warning signs and what to do

Get the Highest Offer

7 proven strategies that work

Ready to Keep More of Your Settlement?

Find out what your policy is worth and see exactly how much our flat-fee structure saves you compared to a traditional broker.