Agent: David Eric Haupt - Life Settlements

BENEFITS OF SELLING A LIFE INSURANCE POLICY

life Settlements are one of America's fastest growing financial products for seniors.

American seniors are lapsing and surrendering over $100 billion of life insurance annually!

Through a life settlement, policy owners can receive a CASH PAYMENT far in excess of the policy's surrender value.

Tax guideline: Cost basis is tax free, and typically anything above cost basis is treated as long term capital gain. Clients should consult with a tax advisor on their specific situation.

SETTLEMENT OPPORTUNITIES

Coverage unwanted, unneeded, or unaffordable
Estate tax laws have changed, no longer a need for coverage
Policy owner needs cash to fund retirement or healthcare
Corporate policy where insured is retiring, business is sold, or buy-sell is no longer needed

CLIENT ELIGIBILITY

Policies with death benefits of $100,000 or more
Insureds under age 65 with life threatening health conditions
Insureds aged 65-75 or older with serious health change since policy issue
Insureds aged 75 or older may qualify if healthy
All Policy types considered

Disclaimer: Welcome Fund, Inc., services may not be available in all states, and such services, where available, shall be transacted by Welcome Funds Inc or by a principal of Welcome Funds Inc. Please be advised that some state regulations use the term “viatical settlement” as opposed to “life settlement” to describe all transactions, regardless of the health of the insured, involving the sale of an existing life insurance policy to a third party. All real stories, case studies, and transactional data provided and contained on this website are based on the internal files of actual viatical and/or life settlement transactions processed by Welcome Funds Inc since its inception, and the specific characteristics of each case, including but not limited to the names and images of our clients, have been changed to protect their privacy. The following summary represents the transactional averages of Welcome Funds Inc. for policies closed between 1/1/2024 to 6/30/2024: $1,597,955 face value, $285,477 net amount paid to seller; 20.01% of net death benefit paid to seller; 9 bids negotiated per closed policy; and insured age of 75.97. 21 licensed Life Settlement Providers were included in our auction process and closings were completed with 12 licensed Life Settlement Providers. $1 Billion paid to our clients and 36,000 offers negotiated are based on actual settlements negotiated by Welcome Funds Inc. since its inception.

Agent: David Eric Haupt

Resident
South Dakota #40596939

Non-Resident
California #0B55640

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