We represent you, the seller, never the buyer
You Paid Into Your Policy for Years. Make Sure You Get What It's Worth.
Your life insurance policy may be worth far more than you think. Citizens Life Group represents you, the seller, and shops your policy competitively to multiple institutional buyers to maximize your offer. No upfront cost.
9 Bids
Average competing offers per policy
43
States regulate life settlements
Free
Estimate with no obligation to sell
Free · No Obligation · Confidential
Find Out What Your Policy Is Worth
Prefer to speak with someone right now?
(321) 270-02799 Bids
Avg. competing offers
43
States regulated
Free
No obligation estimate
Florida DFS Oversight
State-regulated life insurance and viatical settlement licensing
Regulated in 43 States
Life settlements are regulated in 43 states plus Puerto Rico
Nearly 9x Cash Surrender Value
2025 industry average: $212,066 payout vs $24,360 surrender (LISA)
Fiduciary Representation
Your broker is legally required to work for you, the seller, not the buyer
What Is a Life Settlement?
A life settlement is when you sell your life insurance policy to an outside buyer for a cash payment. According to the Life Insurance Settlement Association (LISA), sellers typically receive several times more than what their insurance company would offer as the cash surrender value. You receive a lump sum, the buyer takes over the premium payments, and eventually collects the death benefit.
Many seniors don't know this option exists. Instead, they either keep paying premiums on a policy they no longer need, or they simply let it lapse and walk away with nothing. A life settlement means you actually get paid for the coverage you've been paying into for years. Our guide to selling your life insurance policy covers payouts, buyers, and how it works. Not sure if you're eligible? Find out if you can sell your policy.
Learn more about life settlementsWhy Work With Citizens Life Group?
Most people only sell a life insurance policy once. You need people who know the market inside and out, whose job is getting you the highest offer.
A Fiduciary Broker in Your Corner
Whether your policy is handled by Citizens Life Group or an affiliated brokerage, your broker represents you, the seller, as a fiduciary, legally required to act in your best interest, never the buyer's. Your highest offer is our only obligation.
We Shop to Multiple Buyers
We submit your policy to a competitive marketplace of vetted institutional buyers, driving up the offer you receive.
Licensed & Regulated
Life settlements are regulated state by state, and we operate under strict state insurance department oversight and consumer protections, working with affiliated brokers licensed where we do not hold a license.
Based in Orlando, FL
We are a Florida-based firm serving seniors across the country, including Florida, California, Texas, New York, and Pennsylvania. You'll always speak with a real person who understands your situation.
How Selling Your Policy Works
Three simple steps from your first conversation to cash in hand.
Get Your Free Estimate
Fill out our short form or give us a call. We'll review your policy details and let you know if you qualify, usually within one business day.
Start your estimate →Your Policy Goes to Market
We place your policy with a network of qualified institutional buyers and run a competitive bidding process designed to maximize your offer.
See the full process →You Get Paid
You review all offers with no pressure. If you accept, we handle the paperwork and you receive your cash payment, typically within 60 to 90 days.
See what you could receive →Tools and Guides
Free, no-signup tools and plain-English references seniors actually use before deciding anything.
Find a Lost Life Insurance Policy
Free step-by-step tool for locating a missing or lost policy. NAIC Policy Locator, 50-state unclaimed property databases, and a printable checklist.
Start the toolLife Settlement Glossary
Plain-language definitions for every term you'll encounter: viatical, cash surrender value, fiduciary broker, 1035 exchange, LE underwriting, and more.
Browse the glossaryFrequently Asked Questions
Quick answers to the questions seniors ask most: qualification, policy value, process timeline, taxes, privacy, and working with a fiduciary broker.
See the FAQSelling a Policy in Your State
Life settlement rules vary by state. Start with the statute, the regulator, and the waiting period that applies where you live.
Florida
Fla. Stat. 626.991 (DFS + OIR)
California
Ins. Code 10113.1 (CDI)
Texas
Ins. Code Ch. 1111A (TDI)
New York
Ins. Law Art. 78 (NYDFS)
Pennsylvania
Act 2009-62 (PID)
Life settlements are regulated in 43 states plus Puerto Rico, covering roughly 90% of the U.S. population.
43
States regulate life settlements
Strong consumer protections by law
$4.67B
In life settlement face value (2023)
Per LISA annual market data
9 Bids
Average competing offers per policy
Per industry broker data
Free
To apply, no fees unless you sell
Zero risk to find out your number
What Our Clients Say
Seniors and families who discovered a better option for their policy.
I had no idea I could sell my policy. I was about to let it lapse after paying into it for 22 years. Citizens Life Group got me a cash offer I never would have expected.
Margaret T.
Retired, age 74
They explained everything clearly, never pressured me, and shopped my policy to multiple buyers. The whole process was simpler than I expected.
Robert & Helen K.
Ages 71 & 68
My financial advisor had never even mentioned this option. I'm glad I found Citizens Life Group. They truly worked to get me the highest offer.
James W.
Retired, age 79
Don't Let Your Policy Lapse Without Finding Out What It's Worth
It takes less than 3 minutes to get started. No obligation, no pressure, completely free. You may be surprised at what your policy is worth.
Mon to Fri, 9am to 8pm · Sat to Sun, 10am to 8pm Eastern · Free consultation · No pressure