What steps does LSF take to buy or place every policy for which an application is taken?
The purchase of a life insurance policy is mathematically driven. The decision to make an offer to purchase is a direct result of a combination of factors that includes the medical condition of the insured and the future premiums needed during the life expectancy of the insured. It is our intent to either purchase or arrange for purchase, every policy that makes sense actuarially. LSF will purchase policies with a face value of $100,000-500,000. Policies whose face value exceeds $500,000 and some with long life expectancies will be sourced to our trusted affiliates for purchase by them.
The purchase of a life insurance policy is mathematically driven. The decision to make an offer to purchase is a direct result of a combination of factors that includes the medical condition of the insured and the future premiums needed during the life expectancy of the insured. It is our intent to either purchase or arrange for purchase, every policy that makes sense actuarially.
