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What
easy Life Settlements does
easy
Life Settlements raises capital and helps create a liquid secondary
market for life insurance policies - mostly policies issued by quality
insurers carrying on business in the USA. The aggregated sums assured
(face values) for such qualifying policies is estimated to be some
US$160 billion.
Initial
buyers ("providers") deal with the life assured or their
agent, and become the new owners of the life insurance policy, paying
the future premiums, and collecting the death benefit when the insured
dies. Providers may at any time assign or sell that policy to a
company like easy Life Settlements.
We
negotiate with Life Settlement Providers or Brokers for the purchase
of life settlement policies owned by them, taking into account various
factors such as the insured’s age, state of health, the economic
environment and global interest rates.
When a purchase is agreed, we take over responsibility for premium
payment and we may then sell part interests in the newly acquired
policies to various individuals and third parties.
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