Melville Capital

If you belong to one of the following groups, we look forward to working with you in maximizing the market value of your clients' unwanted or underperforming life insurance policies:

• Life Agents/Brokers
• Estate Planners
• Attorneys (Trust and Estate, Divorce, Corporate, Bankruptcy)
• Financial Planners/Registered Reps
• CPA's
• Corporate Advisors, Including Restructing and Insolvency
• M&A and Private Equity Professionals
• Charitible Organization/Non-profits

Life Settlements offer a unique opportunity both to the policyholder and to the insurance/financial professional. As circumstances change, the ability to obtain cash from the sale of a life insurance policy can be particularly valuable. The majority of Life Settlements transactions are entered into for the purpose of purchasing other valuable insurance and financial products. Life Settlement proceeds are unrestricted and can be used to fulfill a wide range of financial and estate planning objectives for your client. The settlement amount is determined by such factors as the policy parameters, age, and health of the insured.

Reasons why a policy may no longer fit your client’s current needs and you may be inclined to Surrender or Lapse:

• Premium payment is too expensive to manage because of financial issues/lack of liquidity
• Under performance of a existing policy such as those that rely on a specific interest rate or stock market performance
• A Key Person policy or a policy tied to a Buy/Sell isn’t needed because of retirement, resignation or the sale of a business
• Succession planning
• Bankruptcy (personal or Corporate)
• A Term policy is about to lapse or the conversion option is about to expire
• Death or Divorce of Beneficiary, or they just don’t need the money
• Because of recent Estate/tax Planning, their estate has been reduced and their tax burden lessoned.
• Considering a 1035 Exchange
• Applying for Medicaid (or a similar program) and needing to shed the policy

Benefits to the Advisor:

• Use the proceeds to sell replacement coverage, annuities, etc.
• Creating new capital for your clients
• Offer new value-added service to your clients
• Receive commissions from the Life Settlement
• Reduce lapse rates

Benefits to the Client:

• Use the proceeds for replacement coverage, annuities, LTC etc.
• Create an unexpected source of capital for your clients that can be
• used at their discretion
• Offer a value-added service to your clients
• Receive commissions from the Life Settlement
• Reduce lapse rates