Policy holders can be provided financial comfort and options to better prepare for the future by transitioning their life insurance policies to cash.
We purchase life insurance policies using a novel, science-based approach that can streamline the typically complicated life settlement process. We work with appropriately licensed life settlement providers who source policies from an extensive network of life settlement brokers and agents.
Accelerating the
Life Settlement Process
Science-backed and more efficient life settlement.
We price Life Policies using modern science, which can lead to more objective and advantageous offers. All purchases are completed through appropriately licensed life settlement providers.
While medical records are reviewed, pricing is based on a blood test.
We can offer advantageous pricing for insureds while saving time for agents and brokers.
Policies are priced within two weeks of receiving a blood sample during a home visit with a licensed phlebotomist.
No cost & no obligation
After a brief review of the insured’s policy information, Velocity Life will schedule a licensed phlebotomist to visit the insured’s home to obtain a simple blood sample. An offer will be presented within two weeks through an appropriately licensed life settlement provider and at no cost to the insured, broker, or agent. There is no obligation to accept an offer.*
Insureds will receive a $50 gift card after the phlebotomist visit for providing Velocity Life with the opportunity to review their policy.
We purchase policies with a total face value of $250,000 or more. Insureds are generally 70+ years old.
*Policy qualification is based on policy terms and blood test results.
Step 1
The insured is contacted to schedule a home phlebotomist visit.*
Step 2
Phlebotomist obtains blood sample, and insured completes consent form and short questionnaire.
Step 3
Velocity Life prices the life settlement policy.
Step 4
Velocity Life’s offer is presented within two weeks of receiving the blood sample.**
Step 5
A $50 gift card is mailed to the insured within two weeks after a blood sample is provided.
* You will be instructed not to exercise or do strenuous activities 48 hours prior to your appointment.
** Policy qualification is based on policy terms and blood test results. All offers are presented through an appropriately licensed life settlement provider.