The life settlement process begins with Coventry First’s sophisticated valuation system that determines if an offer can be made.

Here is how the process works:

  • A completed questionnaire and authorization are submitted to Coventry First along with carrier illustrations and medical records for the last five years.
  • Coventry First values the policy to determine if an offer can be made.
  • Coventry First relays the offer to the advisor.
  • Once an offer is accepted, Coventry First issues closing documents.
  • After receiving the executed closing documents, the change of ownership and beneficiary forms are sent to the life insurance company.
  • Upon confirmation that the change forms have been processed by the carrier, funds are released to the policyowner.

Take a few minutes to submit a policy on behalf of your client, or if you prefer, contact us at or 877.836.8300.

Please note that Coventry First has a strict privacy policy.