Unlike other life settlement companies, after prequalification we suggest you do a more thorough valuation before selling a life insurance policy. This requires three quick and easy steps that other life settlement companies usually omit until much later in the process.
Step 1 - Your answers to additional online follow-up questions allow us to arrive at an accurate life expectancy estimate for you. Sometimes, other life settlement companies guess or require access to your private medical records before proceeding.
Step 2 - Like other life settlement companies, our life settlement agent or broker obtains the illustration from your insurance company that potential buyers need before making an offer for your policy. This gives us a better idea of the structure of your policy and the financial strength of your insurance company...
Step 3 - Based on the results of Steps 1 & 2 and current market rates, we calculate the estimated value to be received by selling a life insurance policy more quickly. Other life settlement companies may use alternative methods that take months to produce an accurate valuation.
Our exclusive valuation step sets us apart from other life settlement companies because it determines exactly what your policy is worth before you start the process of selling it. By obtaining a signed and documented appraisal before selling a life insurance policy you can better determine if the offer you receive is fair.
Most of us would never consider selling a valuable asset to a stranger without first knowing its worth. Selling a life insurance policy should be no different. By using life settlement companies that offer a valuation step you can understand its value first, before selling a life insurance policy.