Sample Life Settlement Investment
Here is a sample of a potential life settlement investment, this is more of an individual investment versus a whole portfolio. However, portfolios may have handfuls of similar policies like the one listed below.
Terms:
$10 million maturity
Contestable period has lapsed
Term according to Life expectancy via medical evaluation is 6.5 – 7 years
Policy Holder is 73
Flexible Premium Universal Life Policy held by AXA Equitable
$1.5 million plus keeping up annual payments to keep policy in force.
I believe the maximum premium amount annually is $479,128
Policy is enclosed within an LLC. They investor will simply have the rights and control over the LLC transferred to him.