74 year old male

Policy Face Amount: $3,000,000 ($1,000,000 & $2,000,000)

Cash Surrender Value: $0

Genesis Procured: $256,350

A 74 year old male with two term policies had made the initial decision not to convert them to permanent insurance. The advisor, however, suggested that a life settlement opportunity be considered and the client agreed.
The advisor contacted Genesis and Genesis procured an offer to purchase the policies for $ 256,350, once they were converted. The client accepted the offer and the policies were converted and settled. Had the client adhered to his original decision not to convert the $2,000,000 and $1,000,000 policies, this unforeseen revenue would never have been possible.

Successful Settlements

  • 79 Year Old Female
    Policy Face Amount: $500,000 Cash Surrender Value: $0 Genesis Procured: $32,500 A 79 year old female owning a life insurance policy no longer wanted to …

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