Free Tool · Life Settlement Calculator · No Email Required
Life Settlement Calculator: Estimate Your Payout in Seconds
A life settlement calculator estimates whether your life insurance policy qualifies to be sold, often for far more than its cash surrender value. Answer a few quick questions about the policy and the insured to see an instant eligibility result. It is a free estimate, not a guaranteed offer.
No email or phone number needed to see your result. Reviewed by Jeff Hallman, licensed life settlement broker at Citizens Life Group.
- Licensed & Regulated
- No Email Required
- Buyers Compete for Your Policy
- No Obligation
$212,066
Average 2025 Payout (LISA)
Nearly 9x
What Surrender Pays
$0
To Use This Tool
Free · No Email · Instant
Will your policy qualify?
What type of life insurance policy is it?
How much is the death benefit (face value)?
$212,066
Avg. 2025 Payout
Nearly 9x
vs. Surrender
$0
To Use This Tool
How Does a Life Settlement Calculator Work?
A life settlement calculator takes a few basic facts about your policy, the type, the death benefit, the insured's age, and current health, and matches them against what institutional buyers look for. It returns an instant eligibility read, not a binding number. Here is how to use ours in under a minute:
- 1
Choose your policy type
Select whether the policy is whole life, universal life, or term life. Convertible term is treated as eligible on conversion.
- 2
Enter the death benefit
Pick the face-amount band that matches your policy, from under $100,000 to over $1 million.
- 3
Add the insured's age
Select the age of the person the policy covers. Most buyers look for an insured who is 65 or older.
- 4
Note the current health
Indicate the insured’s general health. A change in health since the policy was issued can affect eligibility.
- 5
See your estimate
Get an instant eligibility result with a market-based range, shown on screen with no email required.
The calculator uses the same handful of inputs every tool uses, so it can only approximate. For the full breakdown of what determines your policy's value, see our valuation guide.
Why a Calculator Estimate Is Only a Starting Point
A calculator can estimate, but it cannot price. The real value of a policy is the winning bid in a competitive auction. Buyers run independent medical underwriting to project life expectancy, then discount the death benefit against the premiums needed to keep the policy in force. No web form can reproduce that, which is exactly why our tool gives a range and an eligibility read, never a guaranteed figure.
For example, a $250,000 universal life policy on an insured in their mid-70s might fall in a roughly 10 to 25 percent market range, but the only accurate number comes from a competitive review of that specific policy. You can see typical ranges by policy size on our selling guide.
That is where a broker matters. Direct-buyer calculators quote one company's price. As your licensed fiduciary broker, Citizens Life Group shops the same policy to a network of competing institutional buyers, so the calculator range is a starting point we then work to beat. You pay nothing up front, and the broker commission is paid only from the settlement proceeds if you decide to sell.
Do I Qualify to Sell My Life Insurance Policy?
In general, a policy qualifies when the insured is 65 or older, the death benefit is at least $100,000, the policy is universal life, whole life, or convertible term, and it is past its roughly two-year contestability window. Health matters too: a decline since the policy was issued can improve your odds, because buyers price on life expectancy.
The calculator above gives you a quick read on most of these. For the complete item-by-item breakdown, see our Do I Qualify checklist.
Can I Estimate Selling a Term Policy?
Standard term policies usually cannot be sold, but convertible term often can, because it can be converted to permanent coverage a buyer will keep. If you own term coverage, check your conversion deadline before it closes. Learn more about selling a term life policy.
Is a Viatical Settlement Calculator Different?
A viatical settlement is the same idea for someone who is seriously or terminally ill, usually with a life expectancy under two years. Payouts tend to be higher because the buyer expects a shorter premium period. If this is your situation, a licensed broker can guide you with care. See the difference on what is a life settlement.
Life Settlement Calculator FAQ
How accurate is a life settlement calculator?
A calculator can only approximate. It uses the insured's age and health as a rough stand-in for life expectancy, but it cannot replicate the independent medical underwriting or the competitive bidding that sets a real offer. No online tool, ours included, can tell you the exact amount a policy will sell for. The only accurate number comes from a competitive review.
Is a calculator estimate a guaranteed offer?
No. The result is an educational estimate, not an offer, a valuation, or a guarantee. Actual offers are set by independent institutional buyers after they review the policy and the insured’s medical records, and a buyer may not exist for every policy.
Do I have to enter my contact information to use the calculator?
No. The eligibility result is shown on screen without a name, phone number, or email address. You only share contact details if you choose to request a free, no-obligation estimate of what buyers would actually pay for your policy.
How is a calculator estimate different from a real offer?
A calculator uses four or five basic inputs. A real offer follows independent life-expectancy underwriting and a competitive auction among institutional buyers, shopped by your broker. That process routinely returns far more than a single direct-buyer quote, which is why the calculator is only a starting point.
Is the life settlement calculator free?
Yes. The calculator is completely free, and so is a full estimate from Citizens Life Group. As your licensed broker, our commission is paid only from the proceeds of a completed sale, never up front. You never pay anything to find out what your policy could be worth.
Why does the calculator show a range instead of one exact number?
Because a policy’s value depends on life expectancy, the premiums needed to keep it in force, and how many buyers compete for it, none of which a web form can measure precisely. A range set against LISA market data is honest. A single guaranteed figure would not be.
Want more detail? See the full FAQ, learn what a life settlement is, or read the complete guide to selling your life insurance policy.
See What Buyers Would Actually Pay
Whether you used the calculator above or not, this is where a real number comes from: a free, no-obligation review where Citizens Life Group shops your policy to competing buyers. It takes about two minutes, and you never write a check. If a sale goes through, the broker commission is paid from the proceeds and disclosed in writing first.
Or call (321) 270-0279Free · No Obligation · Confidential
Get Your Free Policy Estimate
Prefer to speak with someone right now?
(321) 270-0279Reviewed by Jeff Hallman, a Florida licensed life agent (line 0215) with an appointed viatical and life settlement broker authority (line 0266) that covers life settlements. You can verify any Florida license by name with the Florida Department of Financial Services. As your licensed broker, Citizens Life Group represents you, the seller, and shops your policy competitively to institutional buyers. We are not a buyer or provider. We are licensed where we operate; contact us to confirm your state.
Sources
- Life Insurance Settlement Association (LISA), 2025 Annual Market Data: average payout $212,066 vs. average cash surrender value $24,360 across 2,955 transactions.
- NAIC Viatical Settlements Model Act and NCOIL Life Settlements Model Act: licensing, disclosure, and advertising frameworks.
- Florida Statutes Chapter 626, Part X (Viatical Settlement Act): Florida licensing and disclosure protections.
This calculator and page are educational and are not financial, tax, or legal advice. The result is an eligibility estimate, not an offer, valuation, or guarantee. Life settlement eligibility, payouts, tax treatment, and regulations vary by state and individual circumstances, and there is no guarantee that any policy will receive an offer or that a buyer will exist. Proceeds may be taxable in part and can affect eligibility for need-based programs such as Medicaid. Before selling, ask your broker about alternatives, including keeping the policy, an accelerated death benefit or living-benefits rider, a policy loan, a reduced paid-up option, or surrender. Consult a licensed tax professional, attorney, or benefits counselor before making decisions about your policy. Last reviewed June 16, 2026.