Summary
Coventry Direct is a life settlement company that can purchase your life insurance policy for more than the surrender amount, but less than the death payout. Learn what customers are saying about this service
Posted on Jan 8, 2021
I worked with Peter Hirshon on selling my term life policy. He was professional and explained each step in a very simple, easy to understand manner, and is a great guy. Peter was also very prompt and kept the process moving and was always available for me when I had questions. I am perfectly satisfied and would highly recommend Coventry and especially Peter Hirshon.
Length of Use: Less than 3 months
Bottom Line: Yes, I would recommend this to a friend
Pros and Cons
Easy to understand the process
Availability of the representative
Timeliness of the process
Pleasant service
No “cons” were specified in this review
Posted on Dec 28, 2020
The transaction was pleasant and professional from start to finish. Representative Acker kept me updated on status timely, even when the insurance company was a little slow in procedures.
Length of Use: 3–6 months
Bottom Line: Yes, I would recommend this to a friend
Pros and Cons
Communication
Professionalism
Considerable paperwork
Posted on Dec 29, 2020
We sold our Life Insurance policy to you and Drew Acker was my contact. He was tremendous! We would have been lost without him!
He walked us 100% thru the process. Very friendly and was there whenever I needed him.
Dynamite personality as well.
I wish that every other company I called had the customer service he provided! All my best to Drew and Coventry. Merry Christmas!
Length of Use: Less than 3 months
Bottom Line: Yes, I would recommend this to a friend
Pros and Cons
Drew Acker
Follow through
No “cons” were specified in this review
Posted on Dec 29, 2020
Matthew Glanzberg was very professional and helpful. We had to deal with a number of technical complexities and he made sure everything went smoothly. Thank you!
Length of Use: 3–6 months
Bottom Line: Yes, I would recommend this to a friend
Pros and Cons
Professional
Great communication
Matthew was very thorough and easy to work with
A lot of paperwork that could be better pre-organized
Time consuming
The first offer wasn’t enough
Posted on Feb 2, 2021
Overall very satisfied! Professional team that keeps you updated through the entire process. A lot of paperwork so be ready and be patient. Highly recommend!
Length of Use: Less than 3 months
Bottom Line: Yes, I would recommend this to a friend
Pros and Cons
Honest transaction
Very professional
Constant updates throughout entire transaction
A bit time consuming, lots of paperwork
Posted on Feb 6, 2021
William Perry helped me to navigate the complicated process of selling our insurance policy. He was detail orientated, patient, professional, and a problem fixer.
He kept the process on track, resolving any issues or answering any questions that were needed to complete the sale.
Length of Use: Less than 3 months
Bottom Line: Yes, I would recommend this to a friend
Pros and Cons
Service
Professionalism
Efficiency
No “cons” were specified in this review
Posted on Feb 23, 2021
Instead of just stopping to pay the premium I checked what the policy is worth to Coventry. It was at the end worth to notarize on some documents and on several get my signature witnessed. It shows how serious Coventry takes their business. A little more cash besides ending to pay the ever-increasing premium was worth turning over the policy to a new owner.
Length of Use: 3–6 months
Bottom Line: Yes, I would recommend this to a friend
Pros and Cons
They negotiated the price they paid
The assigned counterpart individual was surprisingly personal
They kept me informed
Initially the time all the reviews by Coventry it took
All by phone, nothing in person, only remote
Posted on Mar 6, 2021
Glad that we took the time to get comparative quotes and ultimately selected Coventry. Premiums had become a financial burden so entering into this settlement was the best option. Matt Glanzberg, the Coventry associate assigned, was tremendously helpful throughout the settlement process. He gave clear explanations, was patient in answering questions, always kept us informed on process status and he was receptive to our needs. It was a pleasure working with him.
Length of Use: 3–6 months
Bottom Line: Yes, I would recommend this to a friend
Pros and Cons
Most competitive offer
Straight forward and transparent process
Helpful associate
Lots of paperwork, but that was necessary for legal purposes
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