Georgia Life Settlements
Georgia's large and growing senior population makes it one of the most significant life settlement markets in the Southeast. Accelerated Life Solutions is fully licensed in Georgia, helping financial advisors unlock policy value for their clients across the Peach State.
Life Settlement Laws in Georgia
Georgia regulates life settlements under the Georgia Life Settlement Act, administered by the Georgia Office of Insurance and Safety Fire Commissioner. The state maintains robust consumer protections while supporting an active and growing settlement market.
- Licensed and regulated by the Georgia Office of Insurance and Safety Fire Commissioner
- Mandatory 15-day rescission period for policyowners after signing a settlement contract
- Two-year waiting period from policy issuance before settlement transactions are permitted
- Full disclosure requirements for all offers, counter-offers, fees, and commissions
- HIPAA-compliant privacy protections for medical and personal information
- Strong anti-STOLI provisions with investigative enforcement authority
Regulatory Framework
Georgia requires all life settlement brokers and providers to be licensed by the state’s Department of Insurance. Accelerated Life Solutions is fully licensed and compliant in Georgia.
Consumer Protections
Georgia law mandates full disclosure, rescission periods, and privacy protections for all life settlement transactions — ensuring your clients are fully informed.
Commonly Accepted in Georgia?
Georgia's large senior population across both urban and rural areas means many eligible policyowners are unaware of their settlement options. Advisors play a critical role in education.
How Accelerated Life Solutions Serves Georgia Advisors
We partner exclusively with financial professionals in Georgia — financial advisors, CPAs, estate attorneys, and insurance agents — to deliver fully compliant, transparent, and competitive life settlement outcomes.
Our Georgia Process
- 1Confidential policy review and preliminary valuation
- 2Full underwriting and documentation coordination
- 3Competitive bidding among institutional buyers
- 4Transparent offer presentation with full disclosures
- 5Compliant closing with legal coordination
Frequently Asked Questions
Is a life settlement legal in Georgia?
Yes. Life settlements are fully legal and regulated in Georgia under the Georgia Life Settlement Act. Brokers and providers must be licensed by the Georgia Office of Insurance and Safety Fire Commissioner.
How long does a life settlement take in Georgia?
The process typically takes 60–120 days depending on medical record collection, policy analysis, and buyer bidding. Georgia's active buyer market often helps drive competitive timelines.
What is the waiting period for Georgia life settlements?
Georgia requires a minimum 2-year waiting period from policy issuance before a life settlement can be completed. This is consistent with the standard policy contestability period.
Can Georgia residents sell term life insurance?
Term life policies with a conversion option to permanent coverage may qualify for a life settlement. Pure term policies without conversion features are generally not eligible.
Are life settlement proceeds taxable in Georgia?
Life settlement proceeds may be subject to both federal and Georgia state income tax. Georgia has a graduated income tax structure. Consult a qualified tax professional to understand your specific tax obligations.
Ready to Explore Life Settlements in Georgia?
Contact us for a complimentary, no-obligation policy appraisal for your Georgia clients. We typically respond within 24 hours.