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| Consumer realizes need -or- Advisor signals Need/Option to consumer |
| Policy Owner and insured complete settlement application and provide neccesary documentation. |
| Settlement company acquires supporting documentatio, verifying insurance and medical status |
| Settlement company's insurance and medical experts review the file, determining its ultimate viability, including review for potential fraud. |
| Settlement company determines suitability for funding, matches policy/settlement to appropriate funding. |
Settlement company relays offer to advisor or ultimate client*.
If the offer is declined, the case is close. |
| If the offer is accepted, a closing package is delivered to the advisor or client for review and signatures. |
| Signed documents are returned, the insurance carrier is notified. |
| Upon written verification of change of ownership, settlement funds are transferred to the settler from escrow. |
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