Will I have any additional fees while working with Cancer Funding?
No, you will never have any additional fees. Consulting with us about your eligibility and reviewing your history is free. After you receive your life settlement funds and the rights are transferred to Cancer Funding, we take care of all future premiums. You will never have to pay another additional fee for your policy.
What kinds of information will Cancer Funding need to determine my offer?
To make an offer for your policy, Cancer Funding will need to review your finances and medical history. The licensed buyer may also need to see medical records to determine risk. In either case, you will need to prepare to share your full medical history with your provider.
How long is the life cycle of a life settlement?
The process typically takes between 3 to 8 weeks.
How does Cancer Funding get paid?
As a licensed provider, Cancer Funding and a licensed buyer will give you the cash offer with an escrow account. This is usually associated through a bank. We will match you and your policy with an investor once we settle an offer. After ownership transfer is confirmed through both you and the insurance company, Cancer Funding will begin to pay the premiums to the insurance company. The investor will receive the death benefit upon the passing of the insured candidate. In most cases, the provider purchases your policy for a pool of investors and along with many other policies in order to decrease risk through diversification. While you will never have to pay any additional fees to the company, Cancer Funding receives payment through the transactions with the buyer when selling your policy.
Who buys my life insurance?
Cancer Funding sells your policy to a licensed buyer, who then receives your death benefit. A large bank or financial institution backs these investors.
How do I begin?
To begin the process, call us or send an inquiry through our contact form to speak with an expert on our team. We will discuss your medical history and financial background to determine an offer.