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Patrick Cahill

Head of Strategic Accounts


(800) 836-8300


Opportunity Revealed.

Life settlements represent one of the most important financial innovations of the past 30 years. Coventry has built teams of experienced life settlement experts dedicated to helping advisors. Let us help you identify the best opportunities for your clients and to create opportunities for your firm.

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Webinar: What's Driving Life Settlement Growth?

Virtual Executive Roundtable examining current market trends in life settlements
and how you can leverage this financial tool.

Watch On Demand

Dr. Michael G. Tells the Story of Selling His Life Insurance Policy to Coventry


Why more advisors choose Coventry

Coventry is uniquely positioned as the largest buyer with the broadest criteria and by far the fastest and easiest closing process in the industry. We do more to support producers and general agents than anyone else, including the development of new on-demand marketing collateral and specialty programs built with your business in mind.

$230 Billion

The 2020 Conning research report estimates about $230 billion of existing life insurance meets the minimum criteria for life settlements.


In 2020, Coventry purchased over 40% of all policies sold in the secondary market.


The Advisor Services Team is now more than 65 members strong, providing you with an unparalleled level of service.

Exclusive NAIFA member benefits

We’ve developed an exclusive support team to support NAIFA members and their offices.

  • Marketing support through presentations, webinars and seminars.
  • Co-brandable marketing materials.
  • Customized reporting tools to track and manage cases.
  • Comprehensive assistance for life settlement licensing in states that require it.
  • White-glove support from start to finish.
  • Exclusive Continuing Education courses for your office.

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What is a life settlement?

A life settlement offers your clients the opportunity to sell their life insurance policy for significantly more than the cash value offered by the insurance carrier. Simply stated, a life settlement is the sale of an existing life insurance policy for more than the policy’s cash value but less than the death benefit.


Any policy type.

Any policy type may qualify, even term!


$100,000 or greater.

No maximum death benefit.


Insureds 60 years or older.

Life expectancies up to 20 years or more.

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What is driving the demand for life settlements?

The demand for life settlements has seen a resurgence as seniors are realizing the benefits of reevaluating their life insurance strategy. There are strong tailwinds supporting this growth, many of which your clients may be facing.

  • Rise in longevity risk.
  • Policy is underperforming or unaffordable.
  • Reallocation tool with wealth management and liquidity.
  • Estate tax laws have changed.
  • Health care and long-term care planning.
  • Opportunities with convertible term..

Start a quote

it’s easier than ever for you to get started. Simply provide a few pieces of information and your dedicated account services team will handle the rest.

Coventry helps foster a closer client-advisor relationship.

Our vertically integrated structure allows us to provide fast and reliable service so you can focus on your clients and growing your book of business instead of the day-to-day operational processing involved in life settlement transactions. We will work with you to create bespoke solutions on a case-by-case basis. And since we purchase policies with our own capital, we don’t require any third-party approvals to make buy decisions. In certain cases, we can even release funds from escrow prior to receiving confirmation of changes of ownership or advance funds to the policyowner to pay premium costs if the policy is in danger of lapsing.

We have the market’s broadest buying criteria and can buy policies that other providers cannot, including cases featuring younger or healthier insureds where premium illustrations are unavailable.

Speak with your dedicated support team

Coventry created the secondary market for life insurance, coining the term “life settlement” to describe the transaction that enables policyowners to sell their unneeded life insurance policies. For more than 20 years, Coventry has been the life settlement market leader, driving the industry forward and expanding opportunities for policyowners. Since its founding, Coventry has completed more than $40 billion in longevity-linked transactions.