WHAT IS PREMIUM FINANCED LIFE INSURANCE? Here is how premium financing typically works: The lender makes a loan with only the life insurance policy as collateral The insured borrower makes no payments on the loan over a 2 to 2-1/2 year term. The policy owner is under no obligation to pursue any particular course of action at the maturity of the loan.  At maturity the borrower may keep the policy by paying off the loan, accrued interest and fees due.  This can be accomplished by refinancing the loan with another lender. Alternatively, if the policy is no longer needed, the client may transfer the policy to the lender unfder the non-recourse provision. The policyholder can sell the policy in the after-market (referred to as a life settlement) and use the proceeds to pay off the loan.  Excess sale proceeds are retained by the policy owner. Requirements: Age 70 or older Relativlely good health Total Assets of $3 million+ HOW CAN I GET MORE INFORMATION? Just fill in the required information below and press the submit button.  A qualified representative will contact you with no obligation on your part.  Rest assured, we never use high pressure sales tactics. My Contact Information: Full Name:  * required Email Address:  * required Telephone Number:  * required Product Interest My Interest: Please select from below A premium financed life insurance policy A life settlement on my current policy     Privacy Policy No Tax Or Legal Advice You should not construe information on this site as rendering tax or legal advice. LIFE INVESTORS GROUP or its agents does not provide tax or legal advice. The products and services mentioned on the site may have tax consequences and, therefore, you should consult your tax advisor in order to understand the tax consequences of any product or service mentioned on this site. Further, the information contained on this site does not constitute investment advice or investment advisory services

WHAT IS A LIFE SETTLEMENT? Here is how a life settlement typically works: A life settlement is the sale of an existing life insurance policy by the policyowner for an amount that exceeds the current cash surrender value.  The settlement amount is determined by the purchasing firm considering factors such as the insurance policy conditions, age and health of the insured.  A lump sum cash settlement is paid to the policyholder in the exchange for contract ownership rights.  The purchaser becomes the new policy owner and pays all future premims. Who is a candidate for a life settlement? Senior clients age 65 or older.  Premium Financing typically works best for 70 and older and women age 77 and older that may have experienced a change in health since the policy was issued. What type of policies qualify for a life settlement The life insurance policy must be transferable and beyond their contestibilty period (typically 2 years). Other policy requirements include: face amounts of $200,000 or more  universal life, variable universal life and convertible term polices. issued by an A rated carrier Why should a person sell a life insurance policy? Often senior clients have outlived the need to provide for beneficiaries, the premiums are no longer affordable or the estate's size and requirements have changes.  For some, an under-performing policy can be sold and or replaced with a more economical one.  The proceeds of the sale are unrestricted and can be used by the seller for any purpose.  Sellers use the transaction and proceeds to reach a variety of financial and estate planning objectives including: purchasing annuities making gifts or funding charitable bequests removing insurance from an estate that is no longer needed funding long term care insurance funding medical expenses Why use LIFE INVESTORS GROUP to assist in a life settlement? A life settlement transaction assisted by LIFE INVESTORS GROUP offers the senior client and their advisers a professional process, complete privacy and informed coordination with the settlement institutions for the funding of the purchase. Are there any compliance issues? Some states require licenses to conduct life settlement transactions