Life insurance policies often contain specific events or situations known as exclusions, which grant the insurance company the right to deny a death claim. In such cases, the beneficiary would not receive the net death benefit. The two most common exclusions encountered are suicide during the contestability period and fraud.

Suicide, within the contestability period typically ranging from one to two years after policy issuance, is a common exclusion. If the insured individual takes their own life during this period, the insurance company may deny the death claim. This exclusion aims to prevent cases of intentional self-harm solely for the purpose of obtaining the insurance payout.

Fraud is another exclusion that can lead to the denial of a death claim. If the policyholder or insured individual provides false or misleading information during the application process, intentionally concealing important facts or engaging in fraudulent activities, the insurance company has the right to reject the claim.

Understanding the exclusions in your life insurance policy is crucial to ensure appropriate coverage and avoid potential claim denials. Familiarize yourself with the specific exclusions outlined in your policy and consult with your insurance provider or agent to clarify any uncertainties. By being aware of these limitations, you can make informed decisions and take the necessary precautions to protect yourself and your beneficiaries.

Selling Your Life Insurance Policy

How do you know if you will receive the best offer when you sell your life insurance policy? The only way to know for sure is to apply to every licensed buyer in your state, which could be 10–35 different companies. And those direct buyers do not have your best interests in mind, they represent their investors. At Welcome Funds, we've leveled the playing field for policy owners. We negotiate the best offer for you by conducting an auction with these buyers. When buyers complete, policy owners win! One application, multiple buyers, it's what we call...Life Settlements. Simplified.

Welcome Funds Represents You!

Founded in 2000, Welcome Funds is a nationally licensed life settlement broker that represents policy owners who want to sell their life insurance policy in the secondary market. Our institutional life insurance buyers compete in an auction bidding process to ensure that we secure the highest offer from the life settlement market. We've negotiated over 35,000 life settlement offers and provided more than $1 Billion in sales proceeds to our clients. Please review our website to learn more about how we can provide professional representation and expert advice on selling your life insurance policy.

  • It's Absolutely FREE to Find Out if You or Your Loved One Is Eligible to Sell A Life Insurance Policy
  • There's No Obligation at Any Time
  • Our Life Settlement Qualification Process is Completely Confidential
  • We Provide a FREE Personal Consultation and Appraisal

Complete our free Life Settlement Qualifier or call us toll-free at 877.227.4484 to speak with a client care advocate.

Sell Your Life Insurance policy