The Life Settlement
Process
A typical life settlement process can take 4-12 weeks. Expediting the process depends on how quickly information is received by all parties. Life Policy Solutions strives to make the process as simple and timely as possible.
APPLICATION
Start by determining if you qualify to sell my life insurance policy by filling out our simple online life settlement application, or by calling us direct at 1-844-440-7355
REVIEW
If you qualify, we will request and review your policy and medical information and provide you with an instant life settlement estimate.
BUYERS
If you are satisfied with the estimate we will submit your policy to our network of licensed and trusted life settlement companies.
OFFERS
Life Policy Solutions begins negotiating for the highest offers to sell your policy.
Per our commitment to full transparency and open communication, we will share all offers with you as they are received. Only you can decide whether to accept or decline the highest offer received for your policy.
CONTRACT
Once you accept a life settlement offer, closing contracts are prepared by the Purchaser and sent to the Policy Owner and Insured for signatures. The Purchaser verifies policy title, values, and other information to complete the change of owner and beneficiary. Sale proceeds are deposited into an escrow account to be held until the closing process is complete.
CASH
Change of Owner is transferred to the Purchaser and funds are dispersed from the escrow account to the Policy Owner.
Policy Owner has up to 15 days from time of sale closing to cancel transaction and retain full ownership
APPLICATION
Start by determining if you qualify to sell my life insurance policy by filling out our simple online application, or by calling us direct at 1-844-440-7355
REVIEW
If you qualify, we will request and review your policy and medical information and provide you with an instant life settlement estimate.
BUYERS
If you are satisfied with the estimate we will submit your policy to our network of licensed and trusted life settlement companies.
OFFERS
Life Policy Solutions begins negotiating for the highest offers to sell your policy.
Per our commitment to full transparency and open communication, we will share all offers with you as they are received. Only you can decide whether to accept or decline the highest offer received for your policy.
CONTRACT
Once you accept a life settlement offer, closing contracts are prepared by the Purchaser and sent to the Policy Owner and Insured for signatures. The Purchaser verifies policy title, values, and other information to complete the change of owner and beneficiary. Sale proceeds are deposited into an escrow account to be held until the closing process is complete.
CASH
Change of Owner is transferred to the Purchaser and funds are dispersed from the escrow account to the Policy Owner.
Policy Owner has up to 15 days from time of sale closing to cancel transaction and retain full ownership
