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The Process

Assigning a life insurance policy is a good, reliable method to cover funeral expenses for a loved one. If you have a family wanting to utilize this service, introduce American Capital Funding as a  fast method to cover the expenses for a proper and dignified funeral service.

Step 1: A Payment Option for Families

Our office will provide you with the forms you will  need to process an assignment with us. The first form we need to get started is an Advance Request Form. This document can be downloaded from our website and you can simply fill in the information requested on this form.

Step 2: Contacting Our Office  

Once the policy has been verified, we need a faxed copy of the Irrevocable Assignment Form in our office. This is a legally binding document and must be notarized. The beneficiary and authorized funeral home signatory must sign this form.

Step 3: The Irrevocable Assignment Form

Once the Assignment Form is faxed back to our office, payment to you can be processed. In most cases this can be done the same day as your request. We offer to you two methods of payment: ACH and check. Checks are sent UPS next day delivery and ACH’s are in your bank account by midnight.  Both services are no cost to you. 

Step 4: Receiving Your Payment

For more details or to request a PowerPoint CD-Rom Presentation explaining the process e-mail  Info@acfunding.com

Step 5: We Need the Original Documents Sent to Us

American Capital Funding needs the original documents mailed back to our office within 3 days for completion of the claims request. We will provide you UPS returned paid envelopes for you to send us the original Assignment Form, Insurance Claim Form and a Certified Death Certificate. Without these, we cannot process the claim.