Life Settlement Case Studies
eLife Settlement has decided to create this page so individuals and professionals alike, that are considering moving forward with a life settlement, will have real world examples, a life settlement case study.
Real examples of Life Settlement Case Studies
79-year-old male
Policy Face Value: $4M
Annual Premium: $193,280
Client Offer: $720,000
Policy Type: Universal Life
Cash Value: $0
Summary: The client had taken out a life insurance policy years ago in order to cover the taxes on his estate. In time, his estate no longer required insurance coverage for tax planning purposes, but his policy had no cash surrender value. He did not want to lose all the money he'd paid in premiums over the years, and decided to pursue a life settlement. His case was shipped to a variety of funders and secured a settlement that not only netted the client $720,000, but was also able to relieve the client of an increasingly unaffordable annual life insurance premium payment of more than $193,000!
81-year-old female
Policy Face Value: $2.8M
Annual Premium: $78,694
Client Offer: $280,000
Policy Type: Universal Life
Cash Value: $181,646
Summary: This case involved a client who was paying nearly $80,000 per year for her life insurance policy, and was looking for a way to eliminate that expense. Her financial advisor suggested that a life settlement might be a viable way for her to ease the financial burden imposed by her annual premium. She agreed, and settled on an offer that garnered her almost $100,000 more than what this policy could offer via cash surrender value.
82-year-old male
Policy Face Value: $667,000
Annual Premium: $37,204
Client Offer: $128,700
Policy Type: Universal Life
Cash Value: $0
Summary: For the past few years, this client has been gifting away his estate in order to reduce his estate tax exposure. He recently realized that the life insurance policy he purchased years ago for estate planning purposes had been rendered obsolete due to his gifting. Being familiar with life settlements, he contacted Advanced Settlements directly and decided to test the market value of his policy. Advanced Settlements was able to obtain a settlement worth 19 percent of the policy's face value! The client planned to gift the proceeds from the sale to his children.
Note: These are real case studies, provided to eLifeSettlement.com from Advanced Settlements. eLifeSettlement.com is an independent contractor of Advanced Settlement and has no other affiliation. Allow us to evaluate your life insurance policy today. Go with the company that has a proven track record of success, look at our real case studies above! We specialize in negotiating on your behalf, still not convinced? Check out our "A-" rating with the Better Business Bureau!