PREMIUM FINANCING and LIFE SETTLEMENTS:

Life Settlements:

If you or a member of your family are age 70 or older, you may have heard about LIFE SETTLEMENTS. A Life Settlement allows a senior to sell their existing life insurance policy on the open market for far in excess of its cash value. Most buyers of life insurance policies are financial institutions. Privacy laws are strictly adhered to. The seller receives a lump sum, and relinquishes all ownership rights of the policy. You may have heard about Viatical Settlements for insureds with terminal illness. Life Settlements are not viaticals. A Life Settlement candidate is in relatively good health with a reasonable life expectancy.

Some reasons to consider a Life Settlement:

• Reason insurance was originally purchased is no longer applicable
• Dependents change (divorce/death), are grown, or do not need coverage
• Insured has current need for liquidity
• Insurance needs require new, more appropriate coverage
• Seeking a tool to fulfill charitable gifting needs

Approximately $10 billion dollars of life insurance is expected to be sold in the next five years. This is a highly profitable way to cash in on an investment far exceeding its cost. If you are age 70 to 88, and own a life insurance policy that is at least two years old and are in reasonably good health, fill out the Life Settlement Qualifier below, and we will get back to you shortly with information on the value of your life policy.

Premium Financing:

Seniors age 70 and over with substantial assets are looking for ways to purchase life insurance while reducing net out-of-pocket costs associated with paying premiums. By doing so, they can free up business or personal capital for other more efficient use. The idea is to minimize premium outlay while maximizing their coverage. The vehicle for doing this is called PREMIUM FINANCING. Premium Financing is a loan for life insurance premiums. Our method of Premium Financing that does not require out-of-pocket expense by the policy holder is approved by many insurance carriers.

At the end of the policy loan period, the policy holder has the option of:

• Policy loan payback by the policy holder
• Policy refinance
• Policy sale on the open market, LIFE SETTLEMENT (excess proceeds can be used to buy additional insurance, charitable gift giving or any other reason).

To find out more about PREMIUM FINANCING or LIFE SETTLEMENTS, give us a call toll free at 888-875-3455.