Welcome to Life Insurance Buyers, Inc.

Life Insurance Buyers, Inc. is a brokerage firm representing multiple life settlement buyers. All policies are submitted only to institutionally funded, licensed life settlement providers. Our role is to establish consistent business practices, including support of individual state licensing and NAIC recommended procedures.

With over 35 years in the life insurance industry, and over 12 years in the settlement industry, LIBI has established good working relationships with providers to ensure professional transactions and competitive purchase offers.

CPAs, Attorneys, Financial Advisors, and Insurance Professionals, have realized that there is a fiduciary responsibility to present this unique option to their clients.

What is a Life Settlement?

A Life Settlement is a revolutionary financial planning tool that allows senior insureds to sell a life insurance policy to a third-party for an amount greater than the cash surrender value. The sale involves an insured normally age 65 or older, with a policy that is no longer appropriate or affordable, to a third-party investment company which provides the owner of the policy with a lump sum cash settlement.

What is a Viatical Settlement?

A viatical settlement is the sale of an existing policy by a third-party in which the insured is terminally or chronically ill. Terminally ill is typically defined as 24 months or less, and is determined by a third-party life expectancy company. Chronically ill can be as high as 48 months. The definition of who qualifies for a viatical settlement varies by state.