Here isĀ basic overview of what type of information will be required on a life settlement application regarding the owner of the policy.
If you are filling out an application and the insured is the owner, you will not need to provide the information again.
Trust Ownership
If the owner is a trust you will most likely need to provide the name of the trust, date of agreement, state of domicile, and names of all trustees.
Most Common Required Items
Full Name of Owner
Address (Full address)
SS# or Tax ID
Has the owner ever declared bankruptcy? Yes/No (If Yes, you will need to attach the discharge papers)
Name of beneficiary
SS#
Address (Full Address)
Owner, insured and other policy information is required for initial processing and a full detailed life settlement quote.
Hope this helps…




