Selling Term Life Insurance at Life

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Selling Term Life Insurance. Term life insurance is a type of life insurance that guarantees payment of a death benefit during a specified time period. Selling your life insurance policy may also incur fees.

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Reasons for selling a life insurance policy. This process is also referred to as a life insurance settlement or. Now, the commission that the insurance agents receive, from the insurance company, is a percentage of the premium.

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Selling a term life insurance policy for cash is possible if your policy is convertible into permanent life insurance. Additionally, you may only sell life insurance policies with values of $100,000 or more. The most common life insurance products in terms of the markets you can sell are the following: Read our handy guide on how to sell life insurance successfully.