Case Studies

Sample Life Settlement Cases

The following examples are based on actual cases transacted by the principals or employees of Clearwater Financial Marketing, LLC and are intended solely to demonstrate the potential benefits of life settlement transactions.

  • Case #1
  • Case #2
  • Case #3
  • Case #4
Face Amount / Insurance Coverage: $290,000
Type of Policy: Universal Life
Insured Male, age 79
Current Cash Value $7,000
Settlement Amount $61,750

The policy owner purchased the policy as collateral for a loan which he had paid off. The client no longer needed the insurance policy and choose to use a life settlement instead of cashing in the policy for its surrender value of $7,000.

Face Amount / Insurance Coverage $750,000
Type of Policy Convertible Term
Insured Male, age 73
Settlement Amount $120,000

The term policy was converted to a whole life policy prior to closing. The client no longer needed the original term policy.

Face Amount / Insurance Coverage $4,000,000
Type of Policy Universal Life
Insured Male, age 76
Current Cash Value $290,000
Settlement Amount $755,000

The policy owner was widowed and his late wife was the beneficiary. The client no longer needed the policy and elected to use a life settlement instead of cashing in the policy for its surrender value.

Face Amount / Insurance Coverage $1,250,000
Type of Policy Universal Life with Term rider
Insured Male, age 81
Settlement Amount $319,000

The client could no longer afford the annual premium payments and he needed liquidity.

 

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