At GoldenLifeSettlements.com, our goal is to make your life settlement transaction hassle and worry-free. We’re thorough in our methods and use a streamlined process that will not prove time consuming on your end. At every step, we communicate 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:

  1.

Need Recognized
Consumer realizes the need.

 
  2. Application
Policy Owner and Golden Life Settlements complete settlement application and provide necessary documentation verifying insurance and medical status to settlement company.
 
  3. Documentation
Settlement company acquires further documentation.
 
  4. Review
Settlement Company and medical experts review the file, determining its ultimate viability and comes up with a purchase price for the policy.
 
  5. Closing Package
If the offer is accepted, a closing package is delivered to the advisor or client for review and signatures.
 
  6. Notification
Settlement company relays offer to advisor or client.
If the offer is declined, the case is closed.
 
7. Closing Package
Signed documents are returned, the insurance carrier is notified and the policy is transferred to the buyer.
 
8. Funds Transfer
Upon written verification of change of ownership, settlement funds (Purchase Price) are transferred to the settler.
 

The qualification process is easy — no health exam required!

Did You Know?
In the United States, more than $490 billion in life insurance covers people 65 and older. Of this, it’s estimated that approximately $160 billion could be converted to life settlements.
Source: Conning Report 2006

 

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