Life Settlement Case Studies

Every Life Settlement case is unique because of the many different factors that make it up. Below are some recent case studies we have experienced with our clients. We have changed the names to protect the privacy of the clients and advisors involved. In the end, we provided results the clients and advisor were both satisfied with.

Frank's Life Settlement Case Study

The testimonial Frank provided after receiving his $42,000 from ViaTrust.

"My insurance agent had the answers to all my questions. This was the first time I had heard of life settlements and I wanted to learn as much as possible. He provided me with everything I wanted to see. Bottom line I went from getting $10,200 from my insurance company to getting $42,000 from ViaTrust. " - Frank from New Jersey

Case Study 1: A policy that outlived its use

Frank is a 76 year old man who purchased a $250,000 life insurance policy to provide for his wife in case he passed before her. Unexpectedly his wife passed away two years ago, who would have thought she would pass before him. Frank just made a payment on his policy and decided he didn't want it anymore. So he called his insurance agent and said he wanted to cash it in. His agent, Donald said there was an option available that could produce more money. Frank was hesitant at first, but became interested when Donald explained it was the best option available. So Frank decided to give it a shot since it would not cost him any money. Donald pre qualified Frank for a life settlement and had Frank complete an appraisal form. Two weeks after sending in Franks medical records and appraisal form, ViaTrust presented Frank with an offer of $42,000. This was $31,800 more than the $10,200 surrender value the insurance company offered. Frank was pleased with the offer and could not wait to get the money. His agent had Frank complete some acceptance forms and the funding company was contacted to send sale contracts for the policy. After Frank completed the contracts and forms with his agent, he sat back and waited for his money to come in. Ten days after the change of policy ownership was confirmed, Frank received his $42,000 check.

Basic Case Particulars

• 76 year old man
• Some minor health issues.
• Premiums of $8,000 per year.
• Cash surrender value of $10,000.
• Face Amount of $250,000.

Take a Look at the negotiation process for this case

Highest Bid Received was $42,000 after negotiation.

James and Marilyn's Life Settlement Case Study

Marilyn's Testimonial she provided after her and James received $180,000 from ViaTrust.

"This just changed our whole lives. Before this life settlement, We were going to take the money from cashing in our policy to get a timeshare in Florida. Now we are looking at buying a winter home in Florida. Who would have thought such a great thing was available." - Marilyn from Michigan

Case Study 2: A retired couple with changing needs

James(74) and his wife Marilyn(75) purchased a $2 million dollar joint policy for the added coverage it provided. It has been 15 years since they purchased the policy and things have changed. James and Marilyn have different needs and want to do more. They both wanted to go on vacation to Florida and then pay off some old debt. They considered cashing in their policy, but heard of ViaTrust from a friend. The friend put them in touch with Richard, the agent, who handled their settlement. Richard talked to them both for about 30 minutes and then asked some basic questions to see if they would qualify. Based on the information provided he recommended a policy appraisal to see if the policy was sellable. After providing the information needed, ViaTrust instructed the agent, the policy was sellable and that we would like to obtain bids. Richard passed this information on to the clients and two weeks later, ViaTrust presented them with an offer of $180,000. They were both pleased to get double their surrender value and decided to accept the offer. Seven days after completing the closing paperwork, they received a check for $180,000 from the escrow company.

Basic Case Particulars

• 74 year old man & 75 year old woman
• Both had controllable health issues.
• Premiums of $25,000 per year.
• Cash surrender value of $90,000.
• Face Amount of $2,000,000.

Take a Look at the negotiation process for this case

Highest Bid Received was $180,000 after negotiation.

Rachael's Life Settlement Case Study

The testimonial Racheal provided after she received a check for $82,500 from ViaTrust.

"I am very pleased my agent knew about this. Thanks for getting me out of that policy and getting some money back." - Rachael from Indiana

Case Study 3: Money better invested

When Rachael (77) bought her universal life insurance policy in 1997, she figured it would pay for itself after a while. Turned out that seven years later she need to put some more money into the policy or it would lapse. She decided she had enough expenses and didn't feel like paying for the policy. Her kids were the beneficiaries and they were doing fine financially anyway. Rachael called her insurance agent and he looked into what options were available That following tuesday, he called and presented the life settlement option. Rachael did not need to make the premium payment for three months, so she figured lets see what happens. After three weeks, she received an offer of $82,500 to purchase her policy. Satisfied with the offer, she accepted the offer and we began the closing process. Three weeks after, she received a check for $82,500 overnight from he escrow agent. Rachael, purchased a $50,000 annuity from her agent and used the rest to buy a new car and go on vacation.


Basic Case Particulars

• 77 year old woman
• Health issues.
• Premiums of $17,000 per year.
• Cash surrender value of $3,285.
• Face Amount of $500,000.

Take a Look at the negotiation process for this case

Highest Bid Received was $82,500 after negotiation.