Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the specific parameters used by Advanced Settlements, Inc. in determining a life settlement?

April 26, 2017advanced determining life parameters settlements Used

0

Posted

What are the specific parameters used by Advanced Settlements, Inc. in determining a life settlement?

2 Answers

0

Posted

• Clients age 70+ • $250,000 minimum face amount • Life expectancy of 12 years or less (due to age, health or a combination or the two) • Low cash surrender value (below 30%) • Minimum loans (below 30%) • Low premiums (below 4%) • Ownership can be through an individual, a corporation or a trust

0

Posted

• Clients age 70+ • $250,000 face amount (lower face values may be reviewed, call us for consideration) • Life expectancy of 15 years or less (due to age, health, or a combination or the two) • Low cash surrender value (below 30%) • Minimal loans (below 10%) • Low premiums (below 5%) • Ownership can be through an individual, a corporation or a trust