With Simplified Settlements, Coventry has once again transformed the secondary market for life insurance. Now, policyowners with policies between $100,000 and $500,000 can access the market value of their life insurance.
Simplified Settlements offer clients all the advantages of traditional life settlements, with one major difference: a streamlined underwriting process means that transactions typically close in less than 30 days from receipt of required documents. So instead of policyowners surrendering smaller policies that are no longer needed, advisors can help them realize significantly more value – with a very quick turnaround.
Simplified Settlements present a tremendous opportunity to reach out to new clients. By helping these individuals transform unneeded policies into valuable assets, advisors can strengthen key relationships and provide significant value to their clients.