Tuesday, 28 April 2009

Senior Life Settlement

A New Asset Class: Senior Life Settlement Contracts:

The purchase of a life insurance policy from a terminally ill person or elderly person at a discount from face value, but for the benefit of the policy holder.

Eligible policies: US Citzens and Life Insurance Company which is A rated or better on a limited life expectancy and are non contestable (hence US plans rather than in the UK)

The seller of the policy makes receives more money than the cash surrender value.

Something really difference that has great returns and is available for a minimum deposit of £30K.
There has been alot of interest in this product.

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