How to Transfer Your Life Insurance Policy to Someone Else

Life insurance is a financial product that pays a lump sum to your beneficiaries if you die while your policy is in force. It can help your loved ones cope with the loss of your income, pay for your final expenses, and achieve their financial goals.

However, life insurance is not a static or fixed asset. You can change or modify your policy as your circumstances or needs change. One of the things you can do with your policy is to transfer it to someone else.

But how do you transfer your life insurance policy to someone else? Why would you want to do that? What are the types and methods of life insurance policy transfers? What are the steps and factors involved in life insurance policy transfers? What are some of the questions and issues that may arise from life insurance policy transfers?

In this article, we will answer these questions and more. We will discuss the reasons, types, steps, factors, and frequently asked questions about life insurance policy transfers. By the end of this article, you will have a better understanding of how life insurance policy transfers work and how to do them.

Reasons to Transfer Your Life Insurance Policy to Someone Else

Transferring your life insurance policy to someone else may seem like a strange or unnecessary thing to do. After all, you bought your policy for a reason and you want to keep it for yourself and your loved ones.

However, there may be situations in which transferring your life insurance policy to someone else may be beneficial or necessary. Here are some of the reasons why you may want to transfer your life insurance policy to someone else:

To Avoid Estate Taxes or Probate

One of the reasons why you may want to transfer your life insurance policy to someone else is to avoid estate taxes or probate. Estate taxes are taxes that are imposed on the value of your assets that exceed a certain amount when you die. Probate is the legal process that validates your will and distributes your assets according to your wishes when you die.

If you own your life insurance policy, the death benefit will be included in your taxable estate for federal and state purposes. This means that your beneficiaries may have to pay a hefty tax bill before they can receive their inheritance. Additionally, if you own your life insurance policy, it will be subject to probate. This means that your beneficiaries may have to wait for months or years before they can access their money.

By transferring your life insurance policy to someone else, such as a trust or an irrevocable beneficiary, you can remove it from your taxable estate and avoid probate. This way, you can ensure that your beneficiaries will receive their full benefit without any delays or deductions.

To Change or Update Your Beneficiaries

Another reason why you may want to transfer your life insurance policy to someone else is to change or update your beneficiaries. Beneficiaries are the people or entities that you name on your policy to receive the death benefit when you die.

You may want to change or update your beneficiaries for various reasons, such as:

• Marriage or divorce
• Birth or adoption of a child
• Death or incapacity of a beneficiary
• Change in relationship or circumstances
• Change in financial needs or goals

By transferring your life insurance policy to someone else, such as a new spouse, a child, a friend, or a charity, you can ensure that your death benefit will go to the people or causes that matter most to you.

To Gift or Donate Your Policy

Another reason why you may want to transfer your life insurance policy to someone else is to gift or donate it. Gifting or donating your policy means that you give it away for free or for a nominal amount.

You may want to gift or donate your policy for various reasons, such as:

• To show gratitude or appreciation
• To express love or affection
• To support a worthy cause or organization
• To reduce your taxable income or estate
• To create a legacy or impact

By transferring your life insurance policy to someone else, such as a family member, a friend, or a charity, you can make a meaningful difference in their lives.

To Reduce or Eliminate Your Premiums

Another reason why you may want to transfer your life insurance policy to someone else is to reduce or eliminate your premiums. Premiums are the payments that you make to keep your policy in force.

You may want to reduce or eliminate your premiums for various reasons, such as:

• To save money or reduce expenses
• To free up cash flow or income
• To avoid lapsing or surrendering your policy
• To avoid losing your coverage or benefits
• To avoid paying for unnecessary or unwanted coverage

By transferring your life insurance policy to someone else, such as a person who can afford the premiums, a trust that can pay the premiums, or a company that can buy the policy, you can relieve yourself of the financial burden of maintaining your policy.

To Protect Your Policy from Creditors or Lawsuits

Another reason why you may want to transfer your life insurance policy to someone else is to protect it from creditors or lawsuits. Creditors are people or entities that you owe money to, such as lenders, banks, or card issuers. Lawsuits are legal actions that are brought against you by other parties, such as plaintiffs, claimants, or litigants.

If you have debts or liabilities that you cannot pay or if you are involved in a legal dispute that you may lose, your creditors or opponents may try to seize or garnish your assets, including your life insurance policy. This means that they may take away your policy or its cash value to satisfy their claims or judgments.

By transferring your life insurance policy to someone else, such as a trust or an irrevocable beneficiary, you can shield it from the reach of your creditors or adversaries. This way, you can ensure that your policy will remain intact and secure for your beneficiaries.

These are some of the reasons why you may want to transfer your life insurance policy to someone else. However, transferring your life insurance policy to someone else is not always a good idea. It may have some drawbacks or risks, such as:

• Losing control or access to your policy
• Incurring taxes or fees
• Violating insurable interest or consent rules
• Creating gift tax or estate tax issues
• Triggering contestability or exclusion clauses

Therefore, you should weigh the pros and cons of transferring your life insurance policy to someone else carefully and consult a professional if needed.

Types of Life Insurance Policy Transfers

Transferring your life insurance policy to someone else is not a one-size-fits-all process. There are different types and methods of life insurance policy transfers that you can choose from. Here are some of the most common types of life insurance policy transfers:

Individual Transfer

An individual transfer is when you directly transfer ownership of your policy to another person or entity. This means that you give up all your rights and responsibilities as the owner of the policy and assign them to the new owner.

An individual transfer is usually done by filling out a form and sending it to your insurer. The form may ask for information such as:

• The name and address of the new owner
• The name and address of the old owner
• The name and address of the insured
• The name and address of the beneficiary
• The policy number and coverage amount
• The reason for the transfer
• The signatures of both parties

An individual transfer is suitable for situations where you want to make a permanent and complete change in ownership of your policy. For example, you may want to use an individual transfer if you want to:

• Gift or donate your policy to a family member, a friend, or a charity
• Change or update your beneficiary to a new spouse, a child, or a trust
• Protect your policy from creditors or lawsuits by transferring it to a trust or an irrevocable beneficiary

However, an individual transfer may have some disadvantages, such as:

• Losing control or access to your policy
• Incurring taxes or fees
• Violating insurable interest or consent rules
• Creating gift tax or estate tax issues

Therefore, you should consider the implications and consequences of an individual transfer before you do it.

Trust Transfer

A trust transfer is when you transfer ownership of your policy to a trust that you create or join. A trust is a legal arrangement that allows a third party, called a trustee, to hold and manage assets for the benefit of another party, called a beneficiary.

A trust transfer is usually done by creating a trust document and transferring the policy to the trust. The trust document may include information such as:

• The name and address of the trust
• The name and address of the trustee
• The name and address of the beneficiary
• The name and address of the grantor (the person who creates the trust)
• The name and address of the insured
• The purpose and terms of the trust
• The signatures of all parties

A trust transfer is suitable for situations where you want to make a flexible and secure change in ownership of your policy. For example, you may want to use a trust transfer if you want to:

• Avoid estate taxes or probate by transferring your policy to an irrevocable life insurance trust (ILIT)

• Reduce or eliminate your premiums by transferring your policy to a premium financing trust
• Protect your policy from creditors or lawsuits by transferring your policy to an asset protection trust
• Support a worthy cause or organization by transferring your policy to a charitable trust

However, a trust transfer may have some disadvantages, such as:

• Incurring costs or fees
• Creating complexity or confusion
• Losing flexibility or control
• Triggering contestability or exclusion clauses

Therefore, you should consult a lawyer or a trust professional before you do a trust transfer.

Assignment

An assignment is when you temporarily or permanently transfer some or all of your policy rights and benefits to another person or entity. This means that you give up some or all of your privileges and obligations as the owner of the policy and assign them to the assignee.

An assignment is usually done by filling out a form and sending it to your insurer. The form may ask for information such as:

• The name and address of the assignee
• The name and address of the assignor (the person who transfers the rights and benefits)
• The name and address of the insured
• The name and address of the beneficiary
• The policy number and coverage amount
• The type and extent of the assignment
• The reason for the assignment
• The signatures of both parties

An assignment is suitable for situations where you want to make a partial or temporary change in ownership of your policy. For example, you may want to use an assignment if you want to:

• Borrow money from a lender or a bank by using your policy as collateral
• Sell your policy to a third party for cash or other benefits
• Transfer your policy to a company or an employer as part of a business arrangement or an employee benefit plan

However, an assignment may have some disadvantages, such as:

• Losing some or all of your rights and benefits
• Incurring taxes or fees
• Violating insurable interest or consent rules
• Creating gift tax or estate tax issues

Therefore, you should read the terms and conditions of the assignment carefully and understand the risks and rewards before you do it.

These are some of the types of life insurance policy transfers that you can choose from. Each type has its own advantages and disadvantages, so you should compare them carefully and pick the one that best suits your needs and preferences.

Steps to Transfer Your Life Insurance Policy to Someone Else

Transferring your life insurance policy to someone else is not a complicated or time-consuming process. However, it may involve some paperwork and communication with your insurer and the new owner. Here are the steps to transfer your life insurance policy to someone else:

Decide Who You Want to Transfer Your Policy To and Why

The first step to transfer your life insurance policy to someone else is to decide who you want to transfer your policy to and why. You should have a clear and valid reason for transferring your policy, such as one of the reasons we discussed earlier.

You should also have a clear and specific person or entity that you want to transfer your policy to, such as:

• A family member, such as a spouse, a child, a parent, or a sibling
• A friend, such as a neighbor, a colleague, or a partner
• A charity, such as a nonprofit organization, a foundation, or a church
• A trust, such as an irrevocable life insurance trust, a premium financing trust, an asset protection trust, or a charitable trust
• A person who can afford the premiums, such as a relative, a friend, or an acquaintance
• A trust that can pay the premiums, such as an irrevocable life insurance trust, a premium financing trust, an asset protection trust, or a charitable trust
• A company that can buy the policy, such as a life settlement company, a viatical settlement company, or an institutional investor

You should make sure that the person or entity that you want to transfer your policy to has an insurable interest in you. This means that they have a legitimate reason to expect financial loss if you die. This is required by law in most states and by most insurers.

You should also make sure that the person or entity that you want to transfer your policy to has your consent. This means that they agree to accept ownership of your policy and its rights and responsibilities. This is required by ethics and by most insurers.

Choose Which Type of Life Insurance Policy Transfer You Want To Use

The second step to transfer your life insurance policy to someone else is to choose which type of life insurance policy transfer you want to use. You should have a clear and suitable type of life insurance policy transfer, such as one of the types we discussed earlier.

You should consider the pros and cons of each type of life insurance policy transfer and how they fit your needs and preferences. You should also consider the implications and consequences of each type of life insurance policy transfer for yourself and the new owner.

You should consult a professional if you need help with choosing a type of life insurance policy transfer. You can consult a lawyer, a trust professional, a financial advisor, a tax professional, or an insurance agent.

Obtain the Necessary Forms and Documents from Your Insurer or Trust Provider

The third step to transfer your life insurance policy to someone else is to obtain the necessary forms and documents from your insurer or trust provider. You should have all the required forms and documents to complete the transfer, such as:

• A transfer form or a trust document
• A death certificate or a medical report
• A policy or a lost policy affidavit
• An identification or a tax identification number
• Any other forms or documents requested by your insurer or trust provider

You can obtain the forms and documents from your insurer’s website or by contacting them directly. You can also obtain the forms and documents from your trust provider’s website or by contacting them directly.

You should read the forms and documents carefully and understand what they entail. You should also fill out the forms and documents accurately and completely, following the instructions provided by your insurer or trust provider.

Fill Out and Submit the Forms and Documents to Complete the Transfer

The fourth step to transfer your life insurance policy to someone else is to fill out and submit the forms and documents to complete the transfer. You should submit all the completed forms and documents to your insurer or trust provider as soon as possible.

You can submit the forms and documents online, by mail, by fax, or by email, depending on your insurer’s or trust provider’s preferences. You should keep copies of everything you send for your records.

You should also sign and date the forms and documents, as well as have them notarized or witnessed if needed. You should also have the new owner sign and date the forms and documents, as well as have them notarized or witnessed if needed.

Notify and Confirm with the New Owner and Beneficiary of Your Policy

The fifth and final step to transfer your life insurance policy to someone else is to notify and confirm with the new owner and beneficiary of your policy. You should inform them of the transfer and its details, such as:

• The type and amount of coverage
• The type and features of the policy
• The type and extent of the transfer
• The reason for the transfer
• The rights and responsibilities of the new owner
• The benefits and obligations of the beneficiary

You should also confirm with them that they have received all the necessary forms and documents from you and your insurer or trust provider. You should also confirm with them that they have accepted ownership of your policy and its rights and responsibilities.

You should communicate and cooperate with the new owner and beneficiary of your policy throughout the transfer process. You should also maintain a good relationship with them after the transfer is completed.

These are the steps to transfer your life insurance policy to someone else. They are not difficult or time-consuming, but they may require some patience and diligence. You should follow them carefully and contact your insurer or trust provider if you have any questions or issues along the way.

Factors That Affect Life Insurance Policy Transfers

Life insurance policy transfers are not always straightforward or predictable. They may be affected by various factors that can influence your eligibility, availability, cost, timing, and taxation of life insurance policy transfers. Here are some of the factors that affect life insurance policy transfers:

The Type and Amount of Coverage

The type and amount of coverage are the first factors that affect life insurance policy transfers. They determine what kind of policy you have and how much it is worth.

As we discussed earlier, there are different types of life insurance policies, such as term life, whole life, universal life, variable life, etc. Each type has its own advantages and disadvantages. You should know what type of policy you have before you transfer it.

The amount of coverage is determined by the coverage amount that you choose when you buy your policy. It can range from a few thousand dollars to several million dollars, depending on your needs and preferences. You should know how much coverage you have before you transfer it.

The Type and Features of the Policy

The type and features of the policy are another factor that affect life insurance policy transfers. They determine what kind of policy you have and how it works.

As we discussed earlier, there are different types and features of life insurance policies, such as riders, dividends, loans, withdrawals, etc. Each type and feature has its own benefits and costs. You should know what type and features your policy has before you transfer it.

The Insurable Interest and Consent of the New Owner and Beneficiary

The insurable interest and consent of the new owner and beneficiary are another factor that affect life insurance policy transfers. They determine who can receive your policy and how they are affected by it.

As we discussed earlier, the new owner and beneficiary of your policy must have an insurable interest in you. This means that they have a legitimate reason to expect financial loss if you die. This is required by law in most states and by most insurers.

The new owner and beneficiary of your policy must also have your consent. This means that they agree to accept ownership of your policy and its rights and responsibilities. This is required by ethics and by most insurers.

The Tax Implications and Consequences of the Transfer

The tax implications and consequences of the transfer are another factor that affect life insurance policy transfers. They determine how much you and the new owner will pay or save in taxes as a result of the transfer.

The tax implications and consequences of the transfer may vary depending on the type and method of the transfer, the type and amount of coverage, the type and features of the policy, the relationship between you and the new owner, etc.

Some of the tax implications and consequences of the transfer may include:

• Income tax: You may have to pay income tax on any gain or profit that you make from the transfer, such as selling your policy for more than its cash value or receiving a gift or donation in exchange for your policy.
• Gift tax: You may have to pay gift tax on any value that you give away for free or for less than its fair market value as part of the transfer, such as gifting or donating your policy to a family member, a friend, or a charity.
• Estate tax: You may have to pay estate tax on any value that is still included in your taxable estate after the transfer, such as retaining any rights or benefits in your policy or transferring it within three years of your death.
• Generation-skipping transfer tax: You may have to pay generation-skipping transfer tax on any value that you transfer to a person who is two or more generations younger than you as part of the transfer, such as transferring your policy to a grandchild or a great-grandchild.

You should consult a tax professional before you do a life insurance policy transfer. You should also report any income or gifts that result from the transfer on your tax returns.

The State Laws and Regulations That Apply to the Transfer

The state laws and regulations that apply to the transfer are another factor that affect life insurance policy transfers. They determine what rules and rights apply to your policy and the new owner.

The state laws and regulations may vary depending on where you live, where you buy your policy, where your insurer is located, where the new owner lives, etc. They may affect your life insurance policy transfers in several ways:

• Insurable interest: Some states may have laws that define or restrict who can have an insurable interest in you and who can own your policy.
• Consent: Some states may have laws that require or protect certain consents for transferring your policy, such as spousal consent, beneficiary consent, insurer consent, etc.
• Taxes: Some states may impose taxes on life insurance policy transfers, such as income tax, gift tax, estate tax, etc.
• Protections: Some states may offer protections for life insurance policy transfers, such as creditor protection, spousal protection, minor protection, etc.

• Disputes: Some states may have laws and procedures for resolving disputes or issues regarding life insurance policy transfers, such as beneficiary conflicts, claim denials, fraud allegations, etc.

You should be familiar with the state laws and regulations that apply to your policy and the new owner. You should also consult a lawyer or a mediator if you have any questions or concerns about them.

These are some of the factors that affect life insurance policy transfers. They can influence your eligibility, availability, cost, timing, and taxation of life insurance policy transfers. You should be aware of them and plan accordingly.

Frequently Asked Questions About Life Insurance Policy Transfers

Life insurance policy transfers are a complex and confusing topic for many people who have them or need them. There are many questions that people have about life insurance policy transfers, such as:

Can You Transfer Any Type of Life Insurance Policy to Someone Else?

No, you cannot transfer any type of life insurance policy to someone else. Some types of life insurance policies are not transferable, such as:

• Group life insurance policies: These are policies that are provided by an employer or an organization to a group of employees or members. You cannot transfer these policies to someone else because they are not owned by you but by the employer or the organization.
• Term life insurance policies: These are policies that provide coverage for a specific period of time, such as 10, 20, or 30 years. You cannot transfer these policies to someone else because they do not have any cash value or ownership rights that can be transferred.
• Non-participating whole life insurance policies: These are policies that provide coverage for your entire life and have a fixed premium and death benefit. You cannot transfer these policies to someone else because they do not have any dividends or features that can be transferred.

You can only transfer types of life insurance policies that are transferable, such as:

• Participating whole life insurance policies: These are policies that provide coverage for your entire life and have a variable premium and death benefit. You can transfer these policies to someone else because they have dividends and features that can be transferred.
• Universal life insurance policies: These are policies that provide coverage for your entire life and have a flexible premium and death benefit. You can transfer these policies to someone else because they have cash value and features that can be transferred.
• Variable life insurance policies: These are policies that provide coverage for your entire life and have a variable premium and death benefit. You can transfer these policies to someone else because they have cash value and features that can be transferred.

You should check your policy type and features before you try to transfer it to someone else. You should also contact your insurer if you are not sure whether your policy is transferable or not.

Can You Transfer Your Life Insurance Policy to Someone Else Without Their Knowledge or Consent?

No, you cannot transfer your life insurance policy to someone else without their knowledge or consent. This is because transferring your life insurance policy to someone else is a legal contract that requires mutual agreement and acceptance.

If you try to transfer your life insurance policy to someone else without their knowledge or consent, you may face several problems, such as:

• Invalidating your policy: Your insurer may cancel or void your policy if they find out that you transferred it without the proper consent or disclosure.
• Losing your benefits: Your beneficiary may lose their benefits if they find out that you transferred your policy without their knowledge or consent.
• Facing legal actions: Your new owner may sue you or reject your policy if they find out that you transferred it without their knowledge or consent.

You should always inform and obtain the consent of the person or entity that you want to transfer your policy to before you do it. You should also inform and obtain the consent of your beneficiary if you want to change them as part of the transfer.

Can You Transfer Your Life Insurance Policy Back to Yourself After Transferring It to Someone Else?

Yes, you can transfer your life insurance policy back to yourself after transferring it to someone else. However, this may not be easy or possible in some cases.

If you want to transfer your life insurance policy back to yourself after transferring it to someone else, you will need:

• The consent of the new owner: The new owner must agree to give up their ownership rights and responsibilities and assign them back to you.
• The consent of the insurer: The insurer must approve the transfer and update their records accordingly.
• The consent of the beneficiary: The beneficiary must agree to accept you as the new owner of the policy.
• The necessary forms and documents: You will need to fill out and submit the same forms and documents that you used for the original transfer.

You may also face some challenges or consequences if you want to transfer your life insurance policy back to yourself after transferring it to someone else, such as:

• Incurring taxes or fees: You may have to pay taxes or fees on any gain or loss that you make from the transfer, such as income tax, gift tax, estate tax, etc.
• Losing benefits or features: You may lose some or all of the benefits or features that you had before the transfer, such as cash value, dividends, loans, withdrawals, etc.
• Triggering contestability or exclusion clauses: You may trigger the contestability period or the exclusion clauses of your policy if you transfer it back to yourself within a certain period of time after the original transfer.

You should consider the pros and cons of transferring your life insurance policy back to yourself after transferring it to someone else carefully and consult a professional if needed.

How Does Transferring Your Life Insurance Policy Affect Your Premiums and Benefits?

Transferring your life insurance policy may affect your premiums and benefits in different ways, depending on the type and method of the transfer, the type and amount of coverage, the type and features of the policy, etc.

Some of the ways that transferring your life insurance policy may affect your premiums and benefits are:

• Reducing or eliminating your premiums: You may reduce or eliminate your premiums if you transfer your policy to someone else who can afford them or to a trust that can pay them.
• Reducing or eliminating your benefits: You may reduce or eliminate your benefits if you transfer your policy to someone else who has a lower insurable interest in you or to a company that pays you less than its face value.
• Increasing or decreasing your taxes: You may increase or decrease your taxes if you transfer your policy to someone else who has a different tax status or relationship with you or to a trust that has different tax rules or consequences.
• Increasing or decreasing your protection: You may increase or decrease your protection if you transfer your policy to someone else who has a different creditor or legal situation or to a trust that has different creditor or legal protections.

You should evaluate how transferring your life insurance policy will affect your premiums and benefits before you do it. You should also compare the costs and benefits of transferring your policy with other alternatives, such as keeping it, lapsing it, surrendering it, etc.

What Are the Risks or Drawbacks of Transferring Your Life Insurance Policy to Someone Else?

Transferring your life insurance policy to someone else may have some risks or drawbacks that you should be aware of and prepared for. Some of these risks or drawbacks are:

• Losing control or access to your policy: You may lose control or access to your policy if you transfer it to someone else who can change or cancel it without your consent or knowledge.
• Incurring taxes or fees: You may incur taxes or fees on any gain or profit that you make from the transfer, such as income tax, gift tax, estate tax, etc.
• Violating insurable interest or consent rules: You may violate insurable interest or consent rules if you transfer your policy to someone else who does not have a legitimate reason to expect financial loss if you die or who does not agree to accept ownership of your policy.
• Creating gift tax or estate tax issues: You may create gift tax or estate tax issues if you transfer your policy to someone else who is not related to you by blood or marriage or who is two or more generations younger than you.

• Triggering contestability or exclusion clauses: You may trigger the contestability period or the exclusion clauses of your policy if you transfer it within a certain period of time after the policy is issued or if the transfer involves fraud or misrepresentation.

You should consider the risks or drawbacks of transferring your life insurance policy to someone else carefully and consult a professional if needed.

Conclusion

Life insurance is a valuable and important asset that can help you and your loved ones achieve financial security and peace of mind. However, life insurance is not a static or fixed asset. You can change or modify your policy as your circumstances or needs change. One of the things you can do with your policy is to transfer it to someone else.

But how do you transfer your life insurance policy to someone else? You need to know the reasons, types, steps, factors, and frequently asked questions about life insurance policy transfers. By the end of this article, you have learned:

• The reasons why you may want to transfer your life insurance policy to someone else, such as to avoid estate taxes or probate, to change or update your beneficiaries, to gift or donate your policy, to reduce or eliminate your premiums, or to protect your policy from creditors or lawsuits.
• The types of life insurance policy transfers that you can choose from, such as individual transfer, trust transfer, or assignment.
• The steps to transfer your life insurance policy to someone else, such as deciding who you want to transfer your policy to and why, choosing which type of life insurance policy transfer you want to use, obtaining the necessary forms and documents from your insurer or trust provider, filling out and submitting the forms and documents to complete the transfer, and notifying and confirming with the new owner and beneficiary of your policy.
• The factors that affect life insurance policy transfers, such as the type and amount of coverage, the type and features of the policy, the insurable interest and consent of the new owner and beneficiary, the tax implications and consequences of the transfer, and the state laws and regulations that apply to the transfer.
• The frequently asked questions that people have about life insurance policy transfers, such as can you transfer any type of life insurance policy to someone else, can you transfer your life insurance policy to someone else without their knowledge or consent, can you transfer your life insurance policy back to yourself after transferring it to someone else, how does transferring your life insurance policy affect your premiums and benefits, and what are the risks or drawbacks of transferring your life insurance policy to someone else.

We hope this article has helped you understand how life insurance policy transfers work and how to do them. Remember, life insurance policy transfers are not a myth, but a reality. Don’t wait until it’s too late. Transfer your life insurance policy today and protect your family’s future.

Thank you for reading this article and we hope you found it informative and helpful. If you have any questions or comments about life insurance policy transfers, please feel free to contact us. We would love to hear from you.