Independent Reviewing physicians review the patient's history and medical records to evaluate the condition of the patient and projected life expectancy then confirms diagnosis and life expectancy. Insured signs waiver to acquire policy information directly from the insurance company. Requests information on the investment program. If Qualified Retirement Plan - Fill out Custodial Forms. Return Paperwork with check in a return envelope.
Funds remain in the escrow account until closing.
Contact current beneficiaries, get signed consent waiving or releasing benefits rights, delete names from policy. Purchaser is recorded on the policy as a beneficiary by using a standard transfer form provided by the insurance company. When applicable, the funds necessary to make premium payments for the estimated life expectancy will be paid or escrowed at the time of closing. Usually, HIV positive patients are selected for acceptance in the program to receive funds prior to passage. Medical life expectancy reports are evaluated by an independent physician, in addition to the information supplied by the insureds attending physician.