North Carolina Life Settlements

Learn more about life settlements and how you can sell you life insurance policy in the state of North Carolina.

Life Settlement Definition

A life insurance settlement is a transaction when a life insurance policyholder sells their policy to an investor. This is a little known option that allow people to collect 3 to 4 times more than the policy’s cash surrender value. This can amount to (tens of) thousands of dollars.

Once the transaction is complete, the investor(s) are responsible for the premium payments and will collect the death benefit upon the policyholder’s death.

There are many reasons why someone would sell their policy, including: Medical Costs, Health Insurance Costs, Supporting Family Members and Leisure (travel, home upgrades…)

How It Works

The process is simple, and our team is here to guide you through it from start to finish. 

1. Answer a Few Questions

Questions pertain to policy details and relevant personal information

2. We Bring Investors To You

Our vetted partners compete by submitting offers based on the details you provide

3. Select the Best Offer For You

You may review offers and choose which makes the most sense for you

Ready to Get Started?

Can I Sell My Life Insurance Policy in North Carolina?

The short answer is yes. According to North Carolina law, policyholders are allowed to enter a “life settlement contract”, also known as “viatical settlement contract”

Partner with a Licensed Company

Policyholders need to work with North Carolina licensed “Viatical Settlement Providers” such as Cedar Life Settlements. The license allows us to help individuals find investors to purchase their policy. The benefit of a using a life settlement broker is the ability to collect multiple offers so the policyholder can choose the best one.

A Straightforward Process

After answering a few questions about your policy and general health condition, our team will review your information and contact you directly. Once your application is completed, we will reach out to investors and start collecting offers

There are no upfront costs nor obligations on your end. You can start the process by filling out our short form.

Feel free to read our in-depth life settlement guide for additional details

Statewide Coverage

We are serving the entire state and specifically: Charlotte, Raleigh, Durham, Asheville, Greensboro, Winston-Salem, Wilimington and other areas.

life settlement north carolina

Find Out How Much You Can Get