At LifeRedeem our goal is to make the selling of your life insurance transaction hassle-and worry-free. At every step, we will communicate with you with exactly what is taking place, provide any necessary feedback or advice, and encourage your input. We feel confident that you will find working with us to be a pleasant experience.
The following is how a typical life settlement unfolds:
We will explain the process, determine if you qualify, and discuss the amount you can expect to receive for your policy.
We will ask you to sign a simple HIPAA release form. This step is completed with your signature and no health screening is required
After you qualify, our in-house consult team will come up with an offer which will be a lot greater than the insurance providers surrender amount. At this point we it would be your choice whether or not to pursue.
In the event that you decide to pursue, our team would help you complete documents to facilitate the policy transfer, this would be contingent on you receiving all of the funds negotiated.
The buyer (LifeRedeem) puts money in escrow and submits forms to your insurance carrier to transfer policy ownership. Once your documents are verified, you receive payment and can go on to enjoy that hidden stash you never knew existed. The entire process usually can be completed in several weeks.
Customers have questions, you have answers. Display the most frequently asked questions, so everybody benefits.