A financial tool used by senior policy owners and financial advisors applied to life insurance creating money in excess of cash surrender value.

Why would someone consider a Life Settlement?

	Reduce or Eliminate Life Insurance Premiums
	Create more comfortable retirement years
	Fund new needed Annuities, Life Insurance, Long-Term Care or Investments
	Fund the purchase of a needed survivorship policy
	Settle personal or business debts proactively
	Bestow cash gifts to family members or charities
	Boost cash flow with the elimination of future premiums
	Maintain a lifestyle despite changes in finances or health
	Activate income from an inactive asset
	A more profitable alternative than surrender or lapse

What types of policies are considered?
Almost any type of life insurance…

• Term
• Universal life
• Whole life
• Survivorship
• Key-man…

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Example 1 – Survivorship Policy

Male Insured – 87 years old

Female Insured – 86 years old

Second to Die Universal Life

$600,000 Face Amount

$1,500 Cash Value

Offer price to policy owner was $81,000. (5400% more than the cash surrender value)

Policy was owned by Daughter. Estate planning is no longer needed.

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Example 2 – Keyperson policy

Male Insured – 78 years old

Universal Life

$500,000 Face Amount

$35,000 Cash Value

Offer price to Policy owner was $85,768. (245% more than the cash surrender value)

Key executive coverage not longer needed. Insured retired. Had the right to assume ownership but did not need coverage.

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Example 3

Male Insured – 88 years old

Universal Life

$325,000 Face Amount

$44,000 Cash Value

Offer price to policy owner was $90,021. (204% more than the cash surrender value)