A life settlement is the sale of an existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit. There are a number of reasons that a policy owner may choose to sell his or her life insurance policy.
In today’s episode, we are going to look at a Billion Dollar Blueprint that Banks use to safely and systematically grow their wealth. For decades now big banks have been tapping into the wealth growing power of the life insurance industry. Along with their ability to generate wealth comes the safety of having hundreds of years of experience. Today we will lift the curtain and show you what the big banks are doing to safely grow their money. Life Settlements have generated banks billions of dollars by buying equity versus trying to grow it.
If you are interested and wanted to learn more about this investment and how you as an accredited investor can now also invest like the big banks to, you can access a webinar at www.thepenumbraplan.com.
My guest in this episode is Kevin Nichols. Kevin is the managing partner at Penumbra Solutions. Penumbra Funds invest in hundreds of Senior Life Settlement insurance policies. With a target yield in the low double digits, no market risks, no premium calls, professional management, and funds locked up safely in escrow, this might be the best investment you have never heard of!
Check out the free webinar at www.thepenumbraplan.com
This episode was originally published as Episode 213, and again I think this will provide so much value for old and new listeners, that is why I decided to republish it. You can learn more from life settlements in episode 118, 213, 299 and 401.
754: Eugene Shatsman: The 5 Pillars Of Growth In A Recession
My guest in this episode is Eugene Shatsman. Eugene is the Managing Partner of National Strategic Group. Eugene teaches business strategy, consumer behavior, marketing, and what all of us want – how to drive more business into our businesses. His team at National Strategic has over 100 people, and they do a tremendous amount of…
753: Dave Wolcott: Opportunity Investing In Times Of Crisis
My guest in this episode is Dave Wolcott. Dave started his career serving the country as a Captain in the Marine Corps. In 2000 he and his wife won the baby lottery by having triplets which inspired him to challenge the traditional financial planning advice of Wall Street. He then started an obsessive journey…
752: Brett Swarts: Building A Tax Deferred Exit Strategy
My guest in this episode is Brett Swarts. Brett is the Founder of Capital Gains Tax Solutions. Each year, he equips hundreds of business professionals with the Deferred Sales Trust tool to help their high net worth clients solve capital gains tax deferral limitations. His experience includes numerous Deferred Sales Trusts, Delaware Statutory Trusts, 10…