How it works
From signed assignment to funded,
usually within a single business day.
The mechanics are simple. Most of the work happens between us and the insurance carrier, so the funeral home can stay focused on the family.
- 01
The funeral home receives the assignment
When a family elects to use insurance proceeds to pay for the funeral, you have them sign a standard assignment of benefits naming Director's Funding Source as payee for the funded portion. We provide a clean assignment form that most carriers accept on first review.
- 02
Submit through the secure client portal
Upload the signed assignment, the certified death certificate, a copy of the policy (or carrier letter), and the funeral contract through our portal. Files are encrypted in transit and at rest.
- 03
We verify and approve
Our funding team contacts the carrier to confirm the policy is in force, the beneficiary designation is intact, and the carrier will honor assignment. Most decisions come back the same day; complex cases (multiple beneficiaries, contested claims) take longer and we tell you exactly when to expect news.
- 04
Funds wired to the funeral home
Approved assignments are funded by ACH or wire to the funeral home's operating account. Most files funded before noon CT receive funds same-day; later files fund the next business morning.
- 05
We collect from the carrier
Once the carrier processes the claim, the assigned proceeds come directly to us. The funeral home is done. No balance to chase, no follow-up paperwork, no reconciliation.
What it costs
We charge a transparent flat factoring fee against each funded assignment. There are no application fees, no portal fees, no monthly minimums, and no personal guarantees. The fee depends on policy size and carrier; your funding officer quotes it before you commit.
Ready to send your first assignment?