You cannot appreciate the benefits of life settlements without first acquiring specific knowledge of the transaction and the parties involved in a life settlement. The familiarity with life settlements can help determine whether a life settlement is suitable for you, your family, or client.
On this page you will find some modeled examples of payouts for policy owners to use as a rough guide to what their payout might look like. Bear in mind, the following examples are for illustration purposes only and do not necessarily represent actual offers made to customers, nor do they represent any commitments for future offers or payments.
Example 1
The policy owner will no longer have to pay the $11,000 premium a year and can receive about $27,500 cash for the policy.
| Face amount | $250,000 |
| Insured | 83 years old, male |
| Policy issued in | 2004 |
| Type of policy | Whole Life |
| Current Annual Premium | $12,500 |
Example 2
The policy owner will no longer have to pay the $3,000 premium a year and can receive about $23,000 cash for the policy.
| Face amount | $150,000 |
| Insured | 85 years old, female |
| Policy issued in | 2001 |
| Type of policy | Universal Life |
| Current Annual Premium | $6,500 |
Example 3
The policy owner will no longer have to pay the $2,400 premium a year and can receive about $5,000 cash for the policy.
| Face amount | $50,000 |
| Insured | 81 years old, male |
| Policy issued in | 2005 |
| Type of policy | Universal Life |
| Current Annual Premium | $4,050 |
Example 4
The policy owner will no longer have to pay the $4,000 premium a year and can receive about $11,000 cash for the policy.
| Face amount | $100,000 |
| Insured | 82 years old, male |
| Policy issued in | 1984 |
| Type of policy | Universal Life |
| Current Annual Premium | $6,250 |