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Senior Life Settlements: Our ProcessP & T Financial Will Seek The Highest Senior Life Settlement From The Institutional MarketAs an experienced and trustworthy senior life settlement broker, P & T Financial makes it as easy as possible for you to determine the full market value for an unwanted life insurance policy. We generate strong competition for the purchase of your policy from over 35 of the nation's leading institutional investors. All of the documents needed to process an application are provided below: Our streamlined process is as follows:  In order to present your unwanted life insurance policy to institutional investors for senior life settlement offers, we need the following documents completed and faxed to P & T Financial at (650)591-6120:
 We order a life expectancy report from an independent medical laboratory. This provides an individualized mortality report based upon your age and medical history. This is important and necessary data for the institutional investors to make the best possible offers for your policy.  As your exclusive broker, we then market your policy to over 35 institutional life settlement providers, working to maximize the number and value of competitive offers. Upon receipt of the offers, we then communicate them to you, review your options, and proceed to finalize the selected settlement.  The selected bidder prepares closing documents and forwards them to you. After careful review, the signed documents are returned to P & T Financial who then submits the Change of Ownership and Beneficiary forms to the life insurance company for processing.  Upon confirmation that change forms have been correctly processed by the life insurance company, funds are released to you within 72 hours by the escrow agent In general, the institutional investor market will fund senior settlements for policy amounts of $100,000 or more owned by individuals aged 65 or older. Our experience with completing numerous transactions over the years is that it takes 3-4 months to receive funding for a senior life settlement. Our experience also indicates that very often a senior life settlement will return 4-5 times the cash value in a life insurance policy, a very significant financial gain for the policy holder. Senior life settlements can be a valuable source of liquidity for people who might otherwise surrender thier policies or allow them to lapse, but they are not suitable in all circumstances. A careful evaluation of your ongoing insurance needs, financial needs, investment objectives and tax and estate implications to determine if a senior life settlement is appropriate for you should be completed. Why not get started now? There is no cost for us to review your policy and life situation and determine if a senior life settlement is a good strategy for you. Here's how to get started:
P & T Financial has expertise in senior life settlements in California, including San Diego, Irvine, Santa Ana, Long Beach, Riverside, Los Angeles, Santa Barbara,Bakersfield, Fresno, Modesto, Sacramento, Stockton, San Francisco, San Jose, Oakland and Redding geographic markets. |
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| Copyright 2009 P &T Financial Serving California residents, including San Diego, Los Angeles, Santa Barbara, Sacramento, San Jose, San Francisco, Oakland, Fresno, Bakersfield, Riverside, Modesto & Redding |