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How to Determine the Value of Your Life Insurance Policy

Determining the value of your life insurance policy involves several factors, including your age, health status, and the type and size of the policy. Policies that are more attractive to buyers typically have higher death benefits and lower premiums. Additionally, the longer the policy has been in force, the more valuable it may be. To get an accurate valuation, you may want to consult with a financial advisor or a life settlement broker who can provide a detailed analysis and connect you with potential buyers.