The Senior Settlement Process

Policy Owner / Insured

Desire to terminate policy or lower premiums

Insured signs release for medical information

Owner signs release for policy information

Provides copy of insurance policy

Financial Planner

Primary contact for policyholder

Assists in obtaining medical records and policy ledgers

Assists policy owner with closing and all planning aspects

Unique Settlements, LLC

Design & obtain necessary ledger statements

Forwards completed package to select funding companies

Continues case management and negotiates offers

Oversees implementation of closing documents

Oversees underwriting and placement of new insurance if required

Funding Company

Medical Underwriting

Policy Examination

Examines Medical Records
Determine life expectancy

Verification of coverage
Projection of premium costs

Factors of a Settlement Offer

Life expectancy
Cash value in policy
Financial ratings of insurance carrier

Cost of maintaining policy
Current interest rates
Acquisition expenses