Citizens Life Group

Call Website

Citizens Life Group We help seniors sell an unwanted life insurance policy for far more than surrender value. No upfront cost, free policy review.

A licensed life settlement brokerage that represents you, the seller, as your fiduciary.

Your parent's care bills deserve a review of their income, assets and existing life insurance. Include the policy when y...
10/15/2026

Your parent's care bills deserve a review of their income, assets and existing life insurance. Include the policy when your own retirement savings are covering the shortfall.

You may already have the care invoice beside your bank statement. Put your parent's latest insurance statement there too. What can that policy actually provide while they're alive? Ask the insurer about existing benefits, the requirements and what would remain for the family afterward.

Also check what it costs to keep the policy. Someone may still depend on the payment after your parent dies. Reviewing the policy includes deciding whether that coverage is still needed.

A life settlement is selling an existing policy for cash. An eligible policy can be considered, but a full sale gives the buyer the death benefit and responsibility for future premiums. There may be no offer. Individual results vary.

Citizens Life Group is a licensed life settlement brokerage that represents you, the seller, and shops your policy competitively to maximize your offer.

Start by helping your parent gather the statement and the insurer's answers. Those facts belong in the care-funding discussion before more of your retirement money goes out.

An IRA withdrawal for care is a reason to bring your life insurance policy to your financial and tax advisers. Compare b...
10/12/2026

An IRA withdrawal for care is a reason to bring your life insurance policy to your financial and tax advisers. Compare both before choosing how to pay.

You may have saved for retirement while also paying life insurance premiums for years. When care becomes expensive, those two assets belong in the same conversation.

Ask: how much will each route leave for care, when will the money be available, and what protection will my family keep? Your insurer can confirm cash value, the amount built up inside the policy, and loan terms. Ask about living benefits, meaning benefits paid while the insured person is alive. Availability depends on the policy and its conditions.

A life settlement is selling a policy to a third-party buyer. It is one possibility for eligible coverage you no longer need. A standard sale transfers the death benefit, the amount paid after death, to that buyer. First consider whether a spouse still relies on it. A review does not commit you to a sale.

Traditional IRA withdrawals can add taxable income, and settlement proceeds can be taxable too. Ask your advisers to compare the actual tax treatment rather than assume one source costs less.

Citizens Life Group is a licensed life settlement brokerage that represents you, the seller, and shops your policy competitively to maximize your offer.

Consult a tax professional. Citizens Life Group does not provide tax advice.

Retained death benefit can leave family a smaller payout after a qualifying sale, with the buyer paying future premiums....
10/07/2026

Retained death benefit can leave family a smaller payout after a qualifying sale, with the buyer paying future premiums. Individual results vary.

If the premium bill is getting hard to manage, start with how much benefit you still want your family to receive. Can you stop paying and still leave them something? Some life settlement buyers offer an arrangement that does exactly that after closing.

Ownership of the whole policy transfers to the buyer. The buyer gets part of the future death benefit and takes over premiums. Your family keeps the share agreed in the arrangement.

You may receive less cash today, or no cash at all. The retained benefit is for your beneficiaries after death, so it is separate from money you need for living expenses now. Not every policy qualifies and not every buyer offers it.

Before deciding, write down what you want the policy to leave to family and what cash you need now. Ask about the available offers for that combination. Keep the policy in force while you compare them.

Citizens Life Group is a licensed life settlement brokerage that represents you, the seller, and shops your policy competitively to maximize your offer.

The assisted living shortfall is the full monthly bill minus the income Mom has available for care. Start with her actua...
10/05/2026

The assisted living shortfall is the full monthly bill minus the income Mom has available for care. Start with her actual quote, including care fees and extras.

A move can change some household bills while others continue. Leave room for those remaining expenses before deciding how much income can go toward care. Keep a move-in charge separate from the monthly total.

Will Medicare make up the difference? Medicare generally does not cover custodial long-term care, including help with everyday activities like bathing and dressing. It can still cover eligible medical services.

If Mom already has life insurance, get the current statement before cancelling or borrowing against it. Ask the insurer about any benefits available during life, the requirements and the effect on the remaining coverage. Consider who still needs the death benefit.

A life settlement means selling an existing policy. After a full sale, future premiums become the buyer's responsibility. The death benefit goes to the buyer instead of the family's beneficiaries. Sale proceeds are a one-time resource, and a policy may not receive an offer. Individual results vary.

Citizens Life Group is a licensed life settlement brokerage that represents you, the seller, and shops your policy competitively to maximize your offer. The guide in the first comment explains the sale itself.

A life settlement offer deadline applies to the buyer's bid. Check the insurer's premium due date separately before deci...
09/30/2026

A life settlement offer deadline applies to the buyer's bid. Check the insurer's premium due date separately before deciding what to do by Friday.

If you are helping a parent review an offer, put two documents on the table: the buyer's written proposal and the latest notice from the insurance company. Friday may be when the proposed price stops being available. The policy's next premium could fall on a different day.

What does the buyer need by Friday? Ask for the exact time and time zone. Check whether the price is still subject to records, insurer confirmation or another condition. Then ask for the amount your parent would receive after disclosed deductions.

If another review would help, tell the broker about the deadline right away and ask the buyer whether it will extend the offer. The buyer can say no or change its price. Another buyer may not have time to finish a review before Friday.

Citizens Life Group is a licensed life settlement brokerage that represents the seller. The written terms and the carrier's premium notice are the place to start.

A convertible term policy's new premium may be too high to carry. You can ask about a life settlement while the original...
09/28/2026

A convertible term policy's new premium may be too high to carry. You can ask about a life settlement while the original policy is still active. A life settlement means selling a policy to a buyer.

Start with the insurer. Ask when your conversion option ends, which permanent policies are available, and what the new premium would be. Get the quote in writing. Keep paying the current term premium while you look into your choices.

A broker can review those documents before you commit to conversion. The review may suggest whether a buyer review is worth pursuing, or show that the new premium is likely too costly. It is not a promise of an offer.

Who pays if the sale moves forward? A buyer generally takes over future premiums after closing. A payment due earlier needs its own answer. Ask who owes it, when it is due, and what happens if the sale does not close. Put that plan in writing before changing the policy.

Citizens Life Group can review the active term policy and carrier quote with you.

A life settlement buyer's decline is one buyer's answer. Different buyers may use different criteria, so the reason for ...
09/25/2026

A life settlement buyer's decline is one buyer's answer. Different buyers may use different criteria, so the reason for the decline matters.

If you were told your policy could not be sold, ask: What did the buyer review, and why did it pass? Maybe that buyer does not consider the policy's size or premium cost. Maybe it needed current information. Those are reasons to ask whether another review is worthwhile.

A policy problem may lead to the same answer elsewhere. For example, a term policy with no usable conversion right is usually difficult to sell. Getting a clear explanation now can save a lot of repeated paperwork.

Citizens Life Group is a licensed life settlement brokerage that represents policy sellers. We can review the reason and the current policy facts before deciding whether it makes sense to approach other buyers. No review can guarantee an offer.

Your own life insurance company may genuinely offer more than the cash value if you cancel. That offer is a price for en...
09/23/2026

Your own life insurance company may genuinely offer more than the cash value if you cancel. That offer is a price for ending the policy, not a measure of what it is worth.

Some insurers have made these offers on universal life policies, so a letter like this is not automatically junk mail. Before anything else, phone the insurer using the number on your own statement, not any number the letter gives.

The cash surrender value is what the company would normally pay you today to end the coverage. Why would it pay more than that? Every death benefit an insurer might one day pay has money set aside against it. Cancel the coverage and that money is no longer tied up, so the company can pay above the cash value and still come out ahead. None of that makes the offer a bad one. It may be the best number available, and it raises the bar anyone else has to clear. Individual results vary.

The figure is worked out for a whole batch of policies, and nobody re-checked your current health to reach it. On the open market, current health is one of the main things a buyer prices, using life expectancy reports that estimate how long the insured is likely to live. Selling a policy that way is called a life settlement, and nothing requires the insurer's letter to mention it.

Handing a policy back for its cash value generally can't be undone later. The tax is different, too. Canceling is taxed as ordinary income on everything above what you paid in premiums. Sell it instead, and whatever you gain beyond the cash surrender value can be taxed as a capital gain. Please talk with a tax professional first. Citizens Life Group does not provide tax advice.

Find out what the policy is worth on the open market before you cancel it.

Compare a life settlement offer by the amount you keep, its terms and whether other buyers priced the same policy. How d...
09/21/2026

Compare a life settlement offer by the amount you keep, its terms and whether other buyers priced the same policy. How do you know if yours is fair? Match the current policy facts and type of deal before you compare what the seller receives, what could change and whether competing buyers priced that package.

Start with the net amount after every disclosed fee, not the bold number on page one. A cash-only offer is not the same deal as a retained death benefit, which pays less now while leaving some coverage for a beneficiary. For each option, note who covers future premiums and what conditions apply.

The paperwork should also name who holds the money until closing, what releases it and when payment is expected.

Now check the file behind each bid. The death benefit, loans, cash value, premium schedule, current medical details and the carrier's latest estimate of policy performance need to match.

Once the package is consistent, competing buyers can price it. Each buyer may reach a different number from the same facts.

Not every review produces a higher bid. If the original offer remains strongest after the net amount and terms are lined up, the comparison has confirmed it.

Citizens Life Group is a licensed life settlement brokerage that represents the seller.

Life insurance bought years ago for estate taxes may no longer be needed for the same reason. That calls for a review be...
09/18/2026

Life insurance bought years ago for estate taxes may no longer be needed for the same reason. That calls for a review before you stop paying premiums.

The federal exemption was $675,000 per person in 2001. For deaths in 2026, it is $15 million (IRS). If your family bought coverage to pay a projected tax bill, the current estate plan may look very different.

What should you bring to that review? The policy itself, current values for your assets and records of past taxable gifts are a useful start. Gifts may have used some of the exemption, and the death benefit may count in the estate calculation. State estate or inheritance taxes can matter too, including rules affecting property outside your home state.

Your family may still want the death benefit to support a spouse or leave an inheritance. If the coverage no longer fits, ask about keeping, surrendering or selling it before letting it lapse. A life settlement means selling the policy to a buyer who receives the death benefit. Your beneficiaries give up that benefit, and not every policy qualifies for a sale.

Citizens Life Group is a licensed life settlement brokerage representing the seller.

We recommend talking with a tax professional or estate attorney about your own situation. Citizens Life Group does not provide tax advice.

Address

Orlando, FL
32836

Opening Hours

Monday 9am - 8pm
Tuesday 9am - 8pm
Wednesday 9am - 8pm
Thursday 9am - 8pm
Friday 9am - 8pm
Saturday 10am - 8pm
Sunday 10am - 8pm

Telephone

(321)2700279

Website

Alerts

Be the first to know and let us send you an email when Citizens Life Group posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category