Selling your life insurance policy for a life settlement or viatical settlement with a company that specializes in settlements, typically takes 6-8 weeks. The timeline varies based on how quickly the necessary paperwork needed is received from you and the insurance carrier. Selling your life insurance policy is a big decision, and it’s essential to understand the process. It can significantly change your financial future.

What Factors Affect the Timeline When Selling a Life Insurance Policy?

There are several factors that can affect the timeline of finalizing the sale of a life insurance policy, here are some examples:

  • Opting to find a buyer on your own increases the timeline to finalize a settlement, versus if you choose to work with a company that specializes in the life and viatical settlement industry.
  • MRE Finance has a wide network of prospective buyers, and the transaction is quicker than if attempting to sell the life policy on your own.
  • MRE Finance works with all the insurance carriers and can retrieve all the necessary paperwork required to process the transaction much quicker for your cash payout.
  • The application process: the time it takes you to provide the necessary information factors into the timeline to finalize the sale of the life insurance policy.
  • Preparation: Gathering all your policy information and personal documentation will speed up the process.
  • Negotiation: The offer you receive can either be accepted or, if rejected, this will lengthen the timeframe of the sale.

I’m Eligible for a Settlement! …What Happens after MRE Finance Finds a Buyer?

Once the eligibility requirements have been met, the necessary paperwork has been completed and all documents received, MRE Finance will find a licensed buyer.


  • An offer will be made, and you have the choice to accept or reject
  • Once accepted, you will receive a lump sum cash payment
  • The life insurance policy will be transferred to the buyer
  • You no longer pay any premiums and no longer have a death benefit
  • You now have cash in hand for your financial stability

Want to Sell Your Life Insurance Policy? Call MRE Finance!

Working with MRE Finance will work to get the best price for your life insurance policy in the shortest amount of time possible. You can trust the experts at MRE Finance to help you enjoy your journey to financial freedom. We walk you through the process to ensure the transaction moves forward as swiftly as possible.

The MRE Finance FREE settlement calculator will provide you with an estimate value of what your life insurance policy could be worth in minutes.  Click the button below to get a FREE estimate.

Free Life Settlement Calculator

You can also call us today at 1-800-521-0770 and have your questions answered regarding a life or viatical settlement.

MRE Finance are trusted experts to sell your life insurance policy!