Each policy can be as unique as the Insured, and long-distance hunches can be misleading. As in he real estate industry, the True Market Value of a property (Life Settlement policy) is what a willing buyer will pay on the open market, after nose-to-nose competition.
Each Life Settlement funder has its own:
ď Business design, which considers desired return on investment, cost of capital, overhead, reserves, multi-state licensing, and expansion plans. * Proprietary algorithm (formula) for arriving at a Life Settlements policy bid.
ď Methods for finding out the Insuredís probable Life Expectancy.
ď Sense of urgency to put investment capital to work.
We had the following experience with one of our clients: Identical settlement information packages to over a dozen qualified funders. The policy face amount was $500,000. The policyís Trustee needed top dollar to pay for the Insuredís extensive medical therapies, which might include unreimbursed treatments overseas. The first three offers to the Trustee were: $125,000, $155,000, and then $325,000. The third offer came from a Life Settlement funder that was told ěUse it, or lose itî by its source of money.
In another situation, a smaller Life Settlement funder had just lost two important cases to a larger competitor. Their pride and determination to win put an extra $100,000 in the hands of the surprised, and pleased, Policy Trustee. The next move was to sell a second policy while the winning funder was still ěhot.î
|Not Registered In Texas|
Life Settlements and Real Estate Investing Cash from Life Settlements can boost real estate holdings.Many seniors do not realize that there are no restrictions on the use of their Life Settlement proceeds...
Premium Financing. Affluent insureds can use leverage to buy life insurance using recourse and non-recourse premium financing. After two years, the coverage may be sold as a Life Settlement, or retained....
09/20/04 Preliminary Life Settlement Quotes Every policy holder and advisor. More..
09/01/04 The End of Costly Insurance Premiums In addition to providing cash, life settlements. More...
08/24/04 Life Settlements used for Estate Planning offer opportunities for professionals. More...
08/03/04 Life Settlement Market Benefits. What if a policyholder's preferences change. More...