GWG Life helps individuals repurpose their life insurance assets for their highest and best use. A life insurance policy is a powerful wealth management tool that you cannot afford to lapse or surrender.
Since 2006, GWG Life has been a leader in the life insurance secondary market, helping seniors convert life insurance policies that are no longer wanted, needed or affordable into cash or other benefits for their families.
Our corporate headquarters is in Minneapolis, MN.
Since 2006, GWG Life has paid over $350 million, helped them to ease their financial burdens in retirement. When we purchase their policy, they have a choice of a cash payment now, or retaining a portion of their policy to be paid to beneficiaries later. In either case, they no longer have pay thousands of dollars in annual premium payments. Some seniors use the funds to for things such as paying for long term care and medical expenses, supplement their retirement income, reinvest in different assets, gift to family members or charity. We also strive to educate seniors and their families about the life insurance secondary market to create awareness of this often overlooked hidden asset.