FAST PAYOUT ON YOUR CLIENT’S POLICY

To ensure your client receives their money in the fastest possible time, we offer a 2 stage settlement process as follows:

Stage 1 – Payment of the Net Surrender Value within 7 days

Check our Ready Reckoner to see if your client’s policy meets our criteria for payment of the Net Surrender Value.

If your client’s policy qualifies, call us on FREEPHONE 0800 476 542 and we will forward a Contract for Sale. Within 7 days of receipt of the required documents we will pay out the Net Surrender Value.

This ensures your client receives payment in the same time it takes to surrender to the life insurance company (sooner in some cases).

Stage 2 – Calculating the Additional Payment

Once we have purchased your client’s policy/s, we will then obtain information from the life insurance company to enable us to complete due diligence on the policy. Please note; it can take up to 4 weeks to receive the information we require.

Based on this information we will either issue an Additional Payment or confirm in writing that we are unable to better the Net Surrender Value quoted by the life insurance company. At this point the sale transaction will conclude.

In the event we are unable to make an Additional Payment, the policy will be surrendered back to the life insurance company.