Life Settlements
Life Settlements | Decision Guide | Real Case Studies | 3 Steps | About Welcome Funds | FAQ | Pre-Qualifying
BENEFITS OF SELLING A LIFE INSURANCE POLICY
life Settlements are one of America's fastest growing financial products for seniors.
American seniors are lapsing and surrendering over $100 billion of life insurance annually!
Through a life settlement, policy owners can receive a CASH PAYMENT far in excess of the policy's surrender value.
Tax guideline: Cost basis is tax free, and typically anything above cost basis is treated as long term capital gain. Clients should consult with a tax advisor on their specific situation.
SETTLEMENT OPPORTUNITIES
Coverage unwanted, unneeded, or unaffordable
Estate tax laws have changed, no longer a need for coverage
Policy owner needs cash to fund retirement or healthcare
Corporate policy where insured is retiring, business is sold, or buy-sell is no longer needed
CLIENT ELIGIBILITY
Policies with death benefits of $100,000 or more
Insureds under age 65 with life threatening health conditions
Insureds aged 65-75 or older with serious health change since policy issue
Insureds aged 75 or older may qualify if healthy
All Policy types considered
Life Settlements | Decision Guide | Real Case Studies | 3 Steps | About Welcome Funds | FAQ | Pre-Qualifying
Disclaimer: Services may not be available in all states. The above case study is taken from the internal files of Welcome Funds. Case studies are provided for informational and educational purposes only. Results may vary. Qualification is based on age, health, and future premium costs, and not all policies will qualify for an offer. The client’s name has been changed to protect his privacy. The following summary represents the transactional averages of Welcome Funds Inc. for policies closed between 1/1/2021 to 6/30/2021: $1,986,596 face value, $551,007 net amount paid to seller; 27.74% of net death benefit paid to seller; 13 bids negotiated per closed policy; and insured age of 78.95. $825 million paid to our clients and 26,000 offers negotiated are based on actual transactions completed by Welcome Funds Inc. since its inception.