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The
Transaction Process
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ORIGINATION PROCESS
UNDERWRITING PROCESS
    Underwriting Standards
    File Review & Funding
    Compliance/Closing
SERVICING PROCESS

UNDERWRITING PROCESS

File Review and Funding

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acc., final & co

Once all of the underwriting standards have been met and the initial eligibility review is complete, the transaction is reviewed to reconfirm that the minimum investor criteria will be met by the policy. Only after fulfilling the underwriting standards, eligibility criteria, regulatory compliance and investor requirements will a policy be accepted for purchase. If accepted, the file is completed and sent to the senior management of Life Settlement Solutions Inc.

The company's vice president of operations (VPO) reviews all documentation for compliance with company standards and, if acceptable, gives the policy final approval for purchase. Where appropriate, the file undergoes a review by counsel to ensure legal compliance. Subject to approval by the company's VPO as required for funding, change of ownership forms and beneficiary information are sent to the insurance carrier for recording.

Life Settlement Solutions Inc., confirms with the insurance carrier the transfer of ownership, designation of beneficiary and any other essential data specified. Once this information is recorded and confirmed, funding is requested from the funding vehicle.

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Contact us today to learn more about Life Settlement Solutions LLC.

Life Settlement Solutions LLC is an institutionally funded purchaser of life settlements. We are not brokers or agents.
The information presented on this Web site is not intended for consumers or the general public.
© 2004-2014 Life Settlement Solutions LLC. All rights reserved.
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