Policy Exchange NZ: Cash out option for life policies

Policy Exchange Limited operates as New Zealand's first and only secondary market for life insurance policies. The company provides a platform for individuals who no longer need, want, or can afford their life insurance policies to sell them to institutional investors rather than surrendering them for a low value or letting them lapse. Their mission is to create a more valuable option for policyholders, offering them a fair market value for their policy as an asset. The service connects these sellers with buyers, managing the transaction process to provide policyholders with a lump-sum cash payment.