What is the general, overall structure and where are we in the process?
A top rated insurance company and financial institution has pre-approved this program. Lions first volunteer for the Final Tap™. Once everyone has enrolled, a computer model will use this data to determine the most appropriate number of applicants based on several criteria including the status of their health and their current ages. If only a few enroll we will not have enough applicants to support the program and it will never be initiated. Hence, it’s important for all of us to participate. Once all criteria have been assessed, the lender and the insurance company will review it for final approval. If all parameters are found suitable, the lender will provide a non-recourse loan to pay the premiums and the program will be in effect. An immediate revenue stream will be created for the Lions. We will see the benefits immediately.
