Life Settlements

KEY FACTORS

1. Completed application.  Our application must be completed in full.  It is also required that the policy owner and insured complete our Release of Information Form.  This form allows us to contact doctors and insurance companies to request the necessary documentation required to determine qualification status.  Please also remember to submit a copy of the life insurance policy.

2. Acquisition of medical records.  This can cause considerable delays.  If we are provided with a complete medical file (most recent 4 years of records), the process can be completed very quickly.  Otherwise, we must request this information from the insured's doctors, which can take 2 - 3 weeks on average.

3. Verification of life insurance policy.   The insurance company must complete our verification of coverage form.  This usually takes between 7 - 30 business days.

4. Availability of applicant.  This process can be delayed if we cannot contact the applicant in a timely manner.  This is very seldom a problem for those who are motivated to learn their qualification status and available offers.

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