When people learn of the existence of life settlements – and many people are still not aware of this wonderful option that they might be able to access – they have many questions. Some people ask about whether or not they’d qualify for a life settlement transaction, other people want to learn more about the transaction process that most life settlement companies follow – whatever the questions that you have for us, we have the answers that you’re seeking. At Sell Your Life Settlement, we’ve built our business on the principles of transparence and honesty as much as anything else, so we want to make sure that you know everything about the process that you’ll be involved should you agree to pursue a life settlement. Further information relating to the life settlement transaction process is available below. For any further clarity, our customer service representatives are available over the phone and online.
The Transaction Process
Although no two life settlements are exactly alike, the fact of the matter is that the majority of life settlement transactions follow the same process. It starts with you filling out a questionnaire and submitting a number of documents relating to your life insurance policy and medical records for the preceding 5 years. After that, we’ll determine a fair value for the policy before making a decision on whether a life settlement offer can be made. If it’s positive news, we’ll communicate the offer to you with all possible immediacy. After you choose to accept our offer, we’ll issue closing documents and confirm the change of policy ownership. Finally, once we’ve received the beneficiary forms and they’ve been processed, we’ll release the funds to the policy owner.
Reading about the transaction process might make you wonder how long it takes to get this procedure completed, but you’ll be pleasantly surprised to learn that it’s not nearly as painful as you might imagine. We’ve perfected our work to make sure that our customers don’t have to worry about waiting around for any longer than absolutely necessary. Once all the final details are taken care of, you’ll be so glad that you chose to go with our team in the first place – that much is certain.
There are a whole array of reasons that you might want to go with a life settlement rather than continue to pay the premiums on your life insurance policy – but you need to make sure that you’re covered for a life settlement before any decisions can be made. We offer broad life settlement coverage, so check with our team (or on our website) to learn more about whether you qualify for a life settlement.
One of the principal advantages of using Sell Your Life Settlement as your life settlement provider is that we’re extremely well-versed in these matters. There’s no chance that the process will drag on unnecessarily, or that we’ll make any mistakes or cause any mishaps – with us, you get exactly the result that you’re looking for.