Alantra simplifies the settlement process

Alantra leverages our experience, expert staff and vast resources to provide a turn-key solution for life settlements. Submit an Alantra All-In-One Application™, and we'll do the rest for you!

Step 1: Complete the necessary paperwork including the confidential application, disclosure and the authorization forms for your client that can be found in our Resource Center. If you have any questions, please contact Alantra for assistance. Alantra respects your client's privacy and will gather only information that is absolutely essential to the settlement process. In addition, Alantra protects the confidentiality of your client's information by employing the strictest security measures throughout the settlement process.

Step 2: Once Alantra receives the completed paperwork and a copy of your client's life insurance policy, we put our expert staff and unrivaled resources to work! We start by thoroughly reviewing all of the documents so the settlement is not delayed due to missing or incomplete paperwork.

Step 3: With your client's written permission, we obtain required records from their insurance company and doctor to verify the life insurance and medical status.

Step 4: A third-party professional medical underwriter reviews the medical records and applies standardized actuarial formulas to calculate life expectancy and assess risks.

Step 5: Alantra will request settlement proposals from the world's leading accredited funding institutions (providers).

Step 6: The funding institutions will assess the documents and calculate the market value of the policy by considering the projected life expectancy and the cost to keep the policy in force for the rest of your client's life. Often, settlement offers vary from one funding source to another.

Step 7: The funding institutions submit offers to Alantra. Alantra carefully analyzes the offers and negotiates the highest possible cash settlement for your client. Their settlement will be more than the cash surrender value of the policy, but less than the death benefit.

Step 8: We will promptly inform you of the maximum offer with a letter of offer and acceptance.

Step 9: Once you and your client have reviewed the offer, your client can decide whether or not to sell the policy. They are under no obligation.

Step 10: If they accept the offer, Alantra will gather the necessary legal paperwork and send it to you. Your client will need to sign the legal documents in front of a witness and have them notarized.

Step 11: Once Alantra has all of the signed closing documentations, we contact the life insurance company and the company transfers the policy ownership and beneficiary from your client to the purchasing institution. Alantra ensures strict compliance with all legal and regulatory requirements throughout the settlement process.

Step 12: When the insurance carrier notifies the funding institution that the ownership and beneficiary transfer has been completed, the funding institution will arrange for your client to receive their settlement payment via a bank check or wire transfer within 24-72 hours or whatever time period is legally mandated by the state of residence

Step 13: The funding institution begins paying the policy premiums. Your client will never have to pay another premium on the policy.

The settlement is complete and your client has the freedom to use the cash however they wish!