Life Changes; There Are Alternatives.

We work with policyholders across Phoenix and the surrounding communities. Much of the process can be handled by phone and mail, so ask even if you're outside the metro area.

Call before you let the policy lapse or ask for the surrender value. Once a policy lapses, it usually can't be sold, so keeping it in force while you look at your options protects its value.

Tell us about the policy, why you're thinking about a change, and what you hope to do with the money. That helps us focus on what matters for your decision.

The cash surrender value is set by the insurance company, and it's often only a fraction of what the policy is worth on the open market. A settlement lets outside buyers compete for the policy, and the offer is frequently well above the surrender value.

It depends on whether you still need the coverage, what the premiums will cost from here, and what the policy could sell for. We'll lay those out plainly and tell you what we'd do, without pushing you toward a sale.

Your policy number and insurance company, the face amount, the current premium, a recent annual statement if you have one, and a general sense of your health history.