Recent Transactions
Following are some of our recent transactions with seniors who wanted to sell their unwanted or unneeded life insurance policy to us. While their reasons for a life settlement transaction may be different, their objectives were the same — to receive more than the cash surrender value for their policy.
Policy Lapse
Insureds: 80-year-old male and 78-year female
Type of Policy: Second to Die Universal Life
Face Amount: $3,000,000
Cash Surrender Value: $0
Offer Price To Policy Owner: $154,341.00
Reason for policy sale: The couple's policy had no cash
surrender value and was on the verge of lapsing. By
choosing a life settlement transaction
the couple turned the policy into a source of new found
money.
Estate Planning
Insureds: 79-Year Old Male
Type of Policy: Universal Life
Face Amount: $657,147.00
Cash Surrender Value: $49,867.00
Offer Price To Policy Owner: $229,808.00
Offer Price: 460% Abovr The CSV!
Reason for policy sale: No longer needing the policy for estate planning purposes, it was sold for more than four times the cash surrender valuie
Reason for policy sale: Policies were purchased for
estate planning needs. After retirement the premiums (with
respect to gifting)
became difficult to make, so the policies were sold and
more appropriate coverage purchased.
Examples are based on files underwritten by Maple
Life Financial and solely intended to demonstrate the
potential benefits of it's life settlement product offering
Liquidity for Life™ .
Examples should not be relied upon as an indicator of the
purchase price Maple Life Financial will pay for a life
insurance policy. Average purchase price paid to a policy
owner
is approximately 14.83% of the face amount of a qualifying
life insurance policy.