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 Privacy
Policy
Legal Life Settlements
takes extensive precautions to protect our clients' confidential
information. We have comprehensive internal privacy procedures,
including physical and electronic safeguards, which comply with or
exceed state and federal privacy laws.
We have developed the following privacy policy to address any
concerns that you may have about how we gather, protect and use our
clients' confidential information.
How do we collect confidential information?
The information we collect may be obtained in several ways: via
e-mail or postal mail, telephonically or in person. We may also
obtain information when an online form or life settlement
application is filled out.
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Will confidential information be disclosed to third-parties?
Our clients’ medical, financial and personal data will never be
disclosed to or shared with third-parties who are not involved in
the settling of a life insurance policy without written consent,
except when required under law or litigation. In order for us to
provide services on our clients’ behalf, confidential information
may be forwarded to high-quality life settlement industry
participants, such as brokers and providers, who are committed to
protecting client privacy. These reputable affiliates are required
to keep all of our clients’ information strictly confidential. For
more information, see Is the life settlement process confidential?.
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What measures are taken to protect confidential information?
We have electronic, physical and procedural safeguards in place to
protect your confidential information. Once your life settlement
application (and all documentation pertaining to it) has been
received and processed, your information will be stored and secured
on password-protected computer systems both on and off site. Access
to this information is granted and given only to employees on a
strictly ‘need to know’ basis. Once your information is stored and
encrypted on our systems, it will be backed up for loss-preventative
measures. In addition, once no longer needed, all hardcopy forms and
documentation will be properly shredded and discarded.
*Please note that we cannot be responsible for the security of any
information sent to us via e-mail. Although our e-mail servers use
encryption technology, e-mails sent to us may have gone through
numerous servers that are not protected. We therefore advise against
sending any confidential information via e-mail.
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What kinds of confidential information do we gather?
Depending on the services we provide you, information we gather can
vary from basic contact information such as your name, e-mail or
telephone number as well as more sensitive financial, medical and
insurance policy information. The following are scenarios in which
we gather information about you, including the kind of information
we collect:
Contacting Legal Life Settlements. Should you contact us with a
question or inquiry, we will collect your name, phone number and/or
e-mail address so that we may promptly respond to you. Upon your
request, you may be asked a series of preliminary questions
concerning your health status and insurance policy information to
assess the viability of a life settlement transaction for your
policy.
Filling out a life settlement application. Should you fill out a
life settlement application, you will be required to sign
authorization forms, which will give us access to your medical and
insurance policy information, and allow us to forward this
information to our high-quality affiliates to further process your
application.
Filling out a life settlement application requires you to disclose
the following information:
• Insured/Policyholder’s Name
• Current Address
• Social Security Number
• Date of Birth
• Phone Numbers
• E-mail Address
• Marital Status
• Financial Data
• Description of current medical condition(s)
• Names of attending physicians/specialists
• Medical Records/Documentation (Attending Physician Statements)
• Life Insurance Policy (In-Force Ledger)
• Copy of a Valid Driver’s License
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