How a typical Life Settlement process unfolds
- CONTACT US
Take the most important step, contact us and get to know our team. We will take as much time as needed to learn about your individual circumstances and goals. We can then focus on education, explaining the Life Settlement process, determine if you qualify, and discuss the amount you can expect to receive for your policy. Click here to contact us.
- WE GET THE MOST FOR YOUR POLICY
After you qualify, ALIR then works with a diverse investor base to secure your policy valuation. We maintain strong relationships with a network of experienced life settlement investors who fund insurance policies through ALIR Settlements. We work aggressively to secure a fair market value of your life insurance policy.
- YOU REVIEW THE OFFER
Once we have an offer, we will present it to you. If the offer works with your financial and estate planing goals and liquidity needs you can accept the offer. If not, we will discuss next steps.
- YOU TRANSFER THE POLICY
We help you complete documents to facilitate the policy transfer.
- THEY TRANSFER THE FUNDS
The funds from the sale of the life insurance policy are put in escrow and forms are submitted to your insurance carrier to assume policy ownership.
- PAYMENT TO YOU
Finally, your documents are verified and you receive payment. At this point you are funded and can benefit from the liquidity provided via the Life Settlement process.
The entire process usually can be completed in several weeks. If you have any questions or concerns along the way, we’ll be more than happy to get the answers you need.
Further Reading: Life Settlement Process