Life Insurance Assignments
Don’t have the families you serve settle for less desirable low-cost options. Allow your families immediate access to Life Insurance proceeds. We are your answer to eliminating the hassle and cash flow delay in processing insurance assignments. Receive the funds for your services within 24 hours of policy verification.
Time is money. The question is why wait? Memorial Funding makes accepting insurance assignments simple and easy.
- Immediate Cash Flow
- Eliminate Accounts Receivables
- Funding within 24 hours of verification
- Reduce overhead
- Eliminate the hassle with insurance companies
How does working with Life Insurance Assignments help my firm?
Data clearly indicates over 84% of the population simply does not have $10,000 available to address a family emergency at any given time. By working with Life Insurance Assignments the families you serve will not feel compelled to choose a service based solely on available resources. With the life insurance benefit immediately available for the services the family will feel free to select a meaningful service to honor a loved one in a dignified manner however they choose.
How does Director Resources help with Life Insurance Assignments?
Simply stated, we do it all for you! All you have to do is have the beneficiary (s) fill out the initial information form and we take it from there. We verify the policy(s) with the insurance carrier and notify you if the policy (s) are in effect and we are able to proceed. You provide us with a certified Death Certificate (when it becomes available) and we will handle the entire claim process.
Will we have to wait for the claim to be settled before we are paid?
LIFE INSURANCE ASSIGNMENTS
No. You will be paid for the services immediately upon our ability to verify the policy, many times before the actual services you are rendering for the family.
How much does this cost us for Director Resources services?
Nothing. While there are many distinct advantages using Director Resources services for Life Insurance Assignments our services are being provided on behalf of the beneficiary(s) of the policy(s). As such, Director Resources is compensated via a reasonable processing charge and a use of funds fee. In most cases, the processing and funds fees are deducted from the policy(s) proceeds.
We have been doing this ourselves, why would we have Director Resources do it?
By sharing the availability of our services with your families you will be greatly improving your cash-flow (up-front payment), saving significant administrative costs (reduction of labor), reducing frustration, and enjoying peace of mind for your staff and the families your serve.