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For The Quantum Group’s clients, the Life Settlement process always begins with a no-cost, no-obligation consultation.
We look to maximize the settlement offer, complete the process as quickly and efficiently as possible, all while ensuring the client’s confidentiality every step of the way.
The Life Settlement process generally unfolds in this easy 7 step process:
- The Quantum Group collects the necessary information and signatures from the advisor and/or policyowner.
- A review of the existing insurance and medical information is conducted. No medical examination is required.
- Multiple pricing models are accessed and the case is sent out to third party underwriting sources in the secondary market.
- Leveraging multiple funding sources in a free market, The Quantum Group negotiates the highest possible settlement offer on behalf of the client. This offer is non-binding to the policyowner.
- When the offer is accepted, contracts and closing documents will be sent to the advisor for completion by the seller.
- Ownership transfers to the financial institution.
- Funds are released from escrow to the seller.
Life Settlement Timeline
The Quantum Group’s Life Settlement Process is smooth and easy for both you and your clients. The average process can be completed in twelve weeks. However, the information gathering and processing time can be greatly reduced with the proper communication and responsiveness by you and your client.
