Legal
Last updated: April 11, 2026
By accessing or using the website at heritageassignment.com (the "Site") or submitting an application for insurance assignment funding services, you ("Client") agree to be bound by these Terms & Conditions ("Terms"). If you do not agree, please do not use the Site or our services.
These Terms apply to all visitors, applicants, and enrolled clients of Heritage Assignment Funding ("Heritage," "we," "us," or "our").
Heritage provides insurance assignment funding services to licensed funeral homes and funeral directors. Our service involves the purchase of insurance assignment receivables — specifically, the right to receive payment from life insurance carriers in connection with funeral services rendered — at a discount from face value.
This service constitutes the purchase and sale of receivables, not a loan. Heritage is not a bank, lender, or mortgage company. No interest is charged on any outstanding balance. Our compensation is derived solely from the discount applied to the face value of each assignment purchased.
To be eligible for Heritage's services, you must:
Heritage reserves the right to decline any application at its sole discretion without obligation to provide a reason.
Upon enrollment and approval, the assignment purchase process operates as follows:
Heritage's fee structure is disclosed in full prior to the purchase of any assignment. Fees are expressed as a percentage of the face value of the assignment and are deducted from the advance payment. No additional hidden fees apply unless expressly disclosed in writing.
Fees may vary based on the insurance carrier, policy type, estimated time to settlement, and assignment volume. A current fee schedule will be provided upon enrollment.
By submitting an assignment for purchase, Client represents and warrants that:
Heritage's assignment purchase agreements include recourse provisions. In the event that an insurance carrier denies, disputes, or fails to pay an assignment due to a defect in the assignment, misrepresentation by Client, or failure to render services as represented, Client agrees to repurchase the assignment from Heritage at the original purchase price plus any documented collection costs.
Heritage is not responsible for carrier insolvency or delays in payment that are outside Client's control.
Both parties agree to maintain the confidentiality of any non-public business information exchanged in connection with the services. Heritage will not disclose Client's business information to third parties except as required to process assignments, comply with legal obligations, or as otherwise described in our Privacy Policy.
To the maximum extent permitted by applicable law, Heritage's total liability to Client for any claim arising out of or related to these Terms or our services shall not exceed the total fees paid by Client to Heritage in the three (3) months preceding the claim.
Heritage shall not be liable for any indirect, incidental, consequential, or punitive damages, including lost profits or business interruption, regardless of the theory of liability.
These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of law provisions. Any dispute arising under these Terms shall be resolved through binding arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules, with proceedings conducted in New York, NY.
Heritage reserves the right to modify these Terms at any time. We will provide notice of material changes by posting the updated Terms on this page with a revised "Last updated" date. Continued use of our services following any modification constitutes acceptance of the revised Terms.
These Terms, together with any executed Assignment Purchase Agreement and our Privacy Policy, constitute the entire agreement between Heritage and Client with respect to the subject matter hereof and supersede all prior negotiations, representations, or agreements.