Life Insurance Settlement Process & Timeline, Premium Finance for Life Insurance Policies Process & Timeline

Call a Bentley Life Settlement Advisor today, 1-800-487-2274

Apr 6, 2009: One Way Life Insurance Customers Can Protect Themselves: Read more
Apr 6, 2009: The Life Settlement Institute Responds to Bloomberg Article: Read more

Process & Timeline - Existing Policy

1.: Determine eligibility for settlement.
a. Age: 70+
b. $100,000 face value (death benefit) policy and above
c. Universal life, whole life, convertible term, or survivorship
d. Policy must be in place at least two years
2.: Policy owner completes and submits Bentley Life Settlement Application.
3.: Bentley Life Settlements retrieves your medical records and requests necessary information from your insurance carrier. (3-5 weeks)
4.: Bentley Life Settlements obtains 2 independent, third-party life expectancy certificates. (2-4 weeks)
5.: Bentley Life Settlements negotiates with multiple financial institutions (up to 25) to get you the highest possible value for your policy.(2-6 weeks)
6.: Bentley Life Settlements presents you with the best gross offer less our commission (click here to review our commission policy).
7.: Upon your acceptance of the offer, your contracts are issued.
8.: Funding usually takes place within 30 days of receipt of signed contract.

Expected total time: 2 to 4 months

Find out now. Click here to take the Bentley Survey to see if you qualify.