Bonded Life Settlements
Bonded Life Settlements are insurance policies that have been underwritten to the standards of a bonding company, who, for a bonding premium, is willing to provide a performance bond warranting that should the policy not mature by a specified date, the bonding company will buy-out the purchasers’ interests in the policy at face value. The return on investment is typically lower on bonded policies because part of the purchase funds must be utilized to pay the performance bond premium… which is paid in a lump sum… up front… at closing. Some investors feel that the benefits of purchasing a bonded policy.
Life Settlement Pro can assist with bonded life settlement questions and applications, call 1-888-973-8377.
December 5th, 2005 at 8:10 pm
Dear Broker
We are in the process of beginning a life settlement program. If we can obtain life settlements which are or can be bonded by an �A� rated bonding company, we are in a position to purchase up to 30 million to begin with.
We have a bank who has given us a commitment to take an �A� rated bond and loan against that bond to allow us to purchase more life settlements.
If you can do this, please respond.
Regards,
Jim Headrick
Vice President
C.I.G. Operations LLC
www.cigoperations.com