Policy Face Amount: $20,000,000 Total (2 $10,000,000 policies)
Cash Surrender Value: $0
Genesis Procured: $975,000
A policy owner with two policies insuring a 74 year old male was no longer able to maintain the premium payments on the policies. The general agent suggested only Genesis be used to try and procure an offer as the life expectancy seemed to indicate there was not a significant amount of arbitrage. Genesis through it’s exceptional relationships presented the owner with $975,000 for the two policies.