Process

Unlock the value of a hidden asset

• Consistently offering fair market value
• Institutionally funded with efficient access to world capital markets
• Wells Fargo acts as policy owner trustee

Realize the value of a life insurance policy

According to a 2006 Time Magazine study, 88% of universal life policies never pay a death benefit. Further, there is a 24% lapse rate for seniors in the first five years after the issuance of the policy. Traditionally, a life insurance holder has had three options for an unwanted or unneeded policy: (1) continue paying premiums for the insured’s lifetime; (2) surrender the policy to the issuing insurance company for a fraction of its value; or (3) allow the policy to lapse and lose everything invested into it.

When a policyholder determines that they no longer wish to continue paying premiums on a policy, it is imperative that the policyholder understand that there is value in the policy well in excess of its lapse or cash surrender value. The policyholder can discover what the Fair Market Value is of a policy through the life settlement market. Financial institutions are purchasing policies in a free market, thus protecting and preserving a policyholder’s interest in a policy while providing a monetary value well above a surrender value of the policy.

The Life Settlement marketplace

Long understood by European markets, Life Settlements are now being popularized in the United States. A market has developed in the United States in which financial institutions purchase policies from policyholders, take on the responsibilities of the policy as owner, pay the premiums for the policy, and become its beneficiary.

GWG Life Settlements offers this service in conjunction with two of Europe’s largest banking institutions and Wells Fargo Bank NA, a leading financial institution in the United States. The financial strength of its European partners enables GWG Life Settlements to offer highly efficient pricing for the purchase of policies, and Wells Fargo Bank NA supports GWG Life Settlements with custodial and trustee services. Policyholders can take comfort that when transacting with GWG Life Settlements, they are working with world leading institutions.

GWG Life Settlements prides itself in customer service to its clients, and is committed to strict regulatory compliance, complete financial transparency, and maximum customer value.

When the one who will benefit most is you

If you are a senior age 65 or older and you own a life insurance policy, you should consider selling your policy in any of the following situations:

• When changes in financial circumstances make premium payments unaffordable
• When a policy is lapsing or about to be surrendered
• When you need new life insurance, annuities or long-term care
• When children grow up and establish their own lives
• When businesses are sold
• When loans need to be paid off
• When death or a divorce removes the need for a policy
• When there is a change in tax law
• When there is a change in your or a family member’s health
• When bankruptcy forces a liquidation of assets
• When you want fair value of your life insurance that is greater than its surrender value

Discover your options. Talk to your insurance agent, financial planner, attorney or CPA about the benefits of selling your life insurance policy in the secondary market, or contact an advisor at GWG Life Settlements for more information.