Policy Parameters
What you need to know
Working with GWG Life Settlements, policyholders are able to receive an immediate payout that is well in excess of the policy’s surrender value, while the policy is held in trust by Wells Fargo Bank NA. This transaction can enhance your life today with a lump sum cash distribution while providing the peace of mind that comes with knowing that your insurance policy is owned, in trust, by one of the world’s leading financial institutions.
In recent years, a secondary market for life insurance policies has developed, one in which a financial institution purchases the policy, naming itself as owner, premium payer and beneficiary. Long understood by European markets, this type of investing is only now being popularized in the United States. GWG Life Settlements offers this service in conjunction with one of Germany’s largest banking institutions. This financial backing enables GWG Life Settlements, as a Life Settlement Funder and Provider, to offer highly efficient financing. Wells Fargo Bank NA, one of the United States’ leading financial institutions, supports GWG Life Settlements with custodial and trustee services.
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