Alantra simplifies the settlement process

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

Step 1: Whether you are a licensed professional or consumer, please complete the necessary paperwork including the confidential application, disclosure and authorization forms. Alantra respects your privacy and will gather only information that is absolutely essential to the settlement process. In addition, Alantra protects the confidentiality of your information by employing the strictest security measures throughout the settlement process.

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

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

Step 4: A third-party professional medical underwriter will review your medical records and apply standardized actuarial formulas to calculate your 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 your documents and calculate the market value of your policy by considering your projected life expectancy and the cost to keep the policy in force for the rest of your 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 you. Your 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 advisor review the offer, you decide whether or not to sell the policy. You are under no obligation.

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

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

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

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

Your settlement is complete and you have the freedom to use the cash however you wish!