Several months ago I decided to explore the sale of a life insurance policy. At the time I knew little of the process or what to expect by way of valuation. Internet research revealed several companies that advertised their interest in purchasing life insurance policies.
After contacting several companies and discussing the transactions, I experienced a difference in how I was treated. Some companies were reluctant to answer my specific question or supply me with explanatory information. Other companies acted as if they were doing me a favor. The offers to purchase varied from ridiculously low to what I considered fair and reasonable.
The most informative and courteous contacts were with Scott Kalbfleisch a Regional Director of Coventry. He took time to explain the transaction in detail including possible tax ramifications. He supplied explanatory literature and referenced applicable laws as well as IRS regulations. I was able to independently verify Scott's explanations with the reference information provided.
During the negation process, Scott was at all times courteous and responsive to my inquiries. All of my phone calls were promptly returned (even on weekends.) The offers made by Coventry were reasonable and not arbitrary. As a result of my dealings with Scott, I was able to make an educated analysis of my available options and make an informed decision. I would highly recommend Scott Kalbfleisch.
After many discussions with Scott, I entered into a sale agreement with Coventry.
I recommend Coventry to anyone who is interested in the sale of a life insurance policy. The treatment I received was fair, courteous, educational and informative. Additionally, the execution and submission of documents to complete the transaction was fully explained. The purchase funds were promptly received.
Bottom Line: Yes, I would recommend this to a friend
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