If you want to sell annuity payments, finding out the value of your annuity should not cost you anything. Whether you are negotiating cashing your annuity directly with your insurance company or with a buyer in the secondary market, you have to compare at least a few offers before you sell annuity payments. You will be surprised how different their bids are. (And yes, you can approach your insurance company about cashing out. However, do not expect their offer to be the best.)

Sell Annuity Payments: All or Just Some of Your Payments?

The value of your annuity will depend on the number of payments you are selling and the dates of these payments. That’s right – you have the option to sell just some of your future payments. You can even choose the dates of the payments you want to sell. That way, you can receive an immediate lump sum without losing the scheduled payments you wish to keep.

Sell Annuity Payments: You Are Entitled to Get a Free Quote

Always remember that when you get a quote from a buyer, it should be free and non-binding to any action. Walk away from buyers that offer quotes in exchange for something and look for companies (such as Woodbridge Structured Funding and JG Wentworth) that always give free and no-obligation quotes.