Citizens Life Group Expands Process for Selling High-Value Life Insurance Policies

ORLANDO, FL, UNITED STATES, October 13, 2026 /CourierPR/ -- Citizens Life Group, a private client life settlement brokerage based in Orlando, Florida, has expanded its services to offer a streamlined process for selling high-value life insurance policies. The company now has a centralized submission process in 2026, which ensures that a policy is reviewed by a network of 20 institutional buyers through a single application. This approach aims to maximize the value of the policy for the owner, making the selling process more efficient and effective.

Jeff Hallman, Managing Director of Citizens Life Group, explained that a life settlement is the sale of an existing life insurance policy to a third party. The buyer takes over the responsibility for future premiums and receives the death benefit upon the insured person's death.

The process begins with a review of the policy information by Citizens Life Group. The company helps obtain an in-force illustration, which is the insurer's projection of future policy values and premiums. With the required authorization, Citizens Life Group assembles the policy and medical information for buyer review. The broker then coordinates buyer questions and negotiates competing offers to help maximize the seller's offer.

According to Citizens Life Group, the sale price of a high-value policy is determined by several factors. The death benefit, the amount payable when the insured person dies, is different from the sale price. The cash surrender value is the amount available from the insurer when an owner cancels a policy that has accumulated cash value. A life settlement offer is what a buyer is willing to pay for the policy. The Texas Department of Insurance identifies future premiums and the insured person's life expectancy as factors in settlement pricing. A larger death benefit alone does not establish a policy's market value.

Citizens Life Group's policy valuation guide explains how coverage, premium costs, age, and health affect buyer evaluation.

The company's lead broker, Jeff Hallman, is a Florida licensed life agent (line 0214) with an appointed viatical settlement broker authority (line 0266). Citizens Life Group and its affiliated brokers are licensed in the states where they operate, and sellers can contact the firm to confirm availability in their state. There is no upfront cost to a seller, and any commission is paid from the settlement proceeds and disclosed in writing before the seller agrees to anything.