BROKERS Ashar Group LLC - Life Settlement Specialists 407-772-1818 www.ashargroup.com Except AK NH VT Except AK NH VT Varies based on current market opportunities and groups that pass Ashar s due diligence process. Varies based on market opportunities. Ashar works with institutional funders only. Century Benefits Group Inc. 800-458-7805 www.nymedicare.org AR CA CO CT FL GA IN KY MO NJ NY NC OH OR PA SC TX CA CO CT FL GA IN KY MO NJ NY NC OH OR PA SC TX 1996 2002 85 CBG Crump Life Insurance Services, Secondary Markets 888-383-0632 www.crumplifeinsurance.com 1920 2004 27 n/a Dunhill Marketing & Insurance Services, Inc. 619-578-7800 www.dunhillinsurance.com CA MD PA Except AL HI SC SD TN VT WV WI WY 1992 2004 12 Prefer not to list 1 SMA_5.11sourcelistdetail.indd 1 4/21/11 11:48:54 AM
ELA Settlement Services, LLC 800-388-0103 www.elasettlementservices.com Except AK KY ME MT ND OK VT WV Except AK KY ME MT ND OK VT WV 1994 1994 30+ All cases are put out for bid, so we do not have a single primary funding source. Estate Trust, Inc. 800-456-5100 www.estatetrustinc.com CA CO CT FL GA IN KS LA MD MS NJ NY NC OH OR PA TX VA AK AR HI ID IA KY ME MN MT NE NV ND OK TN VT VA WA WV 1991 1991 25 All institutional funders Innovative Settlement Solutions 800-905-0114 www.innovativesettlements.com AR CA CT NJ NC OH TN VA 1992 1997 As many as are legally available for the case at hand Since the industry s inception, no one funder is ever been best for all cases. It s imperative for anyone representing policy sellers to have relationships and accurate, up-to-date knowledge of numerous providers and their purchasing criteria & parameters (which change often!). Integrity Life Solutions, LLC 973-275-1110 www.ilifesolutionsllc.com 2004 2004 25 N/A 2 SMA_5.11sourcelistdetail.indd 2 4/21/11 11:48:54 AM
Life Distributors of America, LLC 877-454-3395 www.lifedistributors.net Except AL AK KS KY LA ME MT NE NH ND OK RI UT WV Except AL AK KS KY LA ME MT NE NH ND OK RI UT WV 100+ NA Life Settlement Specialists, LLC 205-956-4014 AL AL 2005 2001 Approx 30 Lisa providers/members The one making the highest offer for my client s policy that I also believe will close the deal National Senior Associates Company, LLC 800-694-1188 www.nsac.net Except AK HI Except AK HI 1996 2005 All Life Funding rseman Group, Inc. 800-680-9030 www.norsemanls.com 1995 1995 20-24 none 3 SMA_5.11sourcelistdetail.indd 3
Opulen Capital 877-678-5361 www.opulencapital.com Except AK AR ID IA KS KY ME MN MS MT NE OK TN VT WV WI 55 Depends on the policy type, face amount, longevity, etc. PolicyOptions LLC 888-654-6784 www.mypolicyoptions.com Except AK ND Except AK ND 2007 2007 25 Multiple Provident Life Insurance Services, Inc. 800-515-5003 www.providentlis.com Except AK AR IA KS KY MD MO MT NE NV ND OH OK SD UT VT WV 2008 Jim Passarelli, owner, has been selling life settlements since 2004. All reputable providers available and licensed were required. We do not have a primary funder. Quantum Life Settlements 443-224-2396 x12 www.quantumlifesettlements.com CA CT FL GA MD MA NJ NY NC PA TX VA AZ CA CT DE DC FL GA HI MD MA NJ NM NY NC PA SC TX VA 2008 Our primary focus is direct-to-consumer business Coventry 4 SMA_5.11sourcelistdetail.indd 4
Rumson Capital, Inc. 215-886-8433 www.rumsoncap.com AR CT FL GA IN IA KS MD MA MN NV NJ NM NC ND OH PA TN TX UT VA Except AK HI KY LA ME MT NE NH OR VT WV WI 12 ne. Settlement Benefits Association 888-255-0444 www.settlementbenefits.com Except AK AZ ID IL IA KY ME MN MT NE NV NH NC ND OH OK OR RI TN VT WA WV Except AK AZ ID IL IA KY ME MN MT NE NV NH NC ND OH OK OR RI TN VT WA WV 2002 2002 All licensed providers. The highest bidder. Settlements For Life 877-588-5558 www.settlementsforlife.com Except AK AZ DE HI ID IL IA KY MA MI NV NH NC ND OK OR RI VT WA WV WI WY Except AK AZ DE HI ID IL IA KY MA MI NV NH NC ND OK OR RI VT WA WV WI WY 50 Various Trinity Financial Services, LLC 407-523-1980 www.trinityfinancialllc.com Except AK ID LA MN MT NE NV NH ND OK VT WV WI Except AK ID MT NH OK VT 2001 2001 35 Magna Life Settlements 5 SMA_5.11sourcelistdetail.indd 5
Veris Settlement Partners 631-239-6655 www.go2veris.com Except AK NV NH ND WV Except AK NV NH ND WV Many companies Various VSPI 804-740-3900 www.vspi.com Except NM ND VT WV VA 1998 1998 All licensed providers We treat all funding sources equally. Welcome Funds Inc. 561-862-0244 www.welcomefunds.com Except AK KY MT NH ND VT WV Except AK KY MT NH ND VT WV 2000 2000 40+ We close business with all major groups Welcome Life Securities, LLC 561-826-0299 www.welcomelifesecurities.com Except AK FL ID KY LA MN MT NE NV NH ND RI VT WV Except AK ID KY LA MN MT NE NV NH ND RI VT WV 2007 35+ We broker variable life settlements to over 30 companies 6 SMA_5.11sourcelistdetail.indd 6
FUNDERS Availability: What types of policies do you purchase? What is the minimum age of the insured? What is the life expectancy range? What is the policy size minimum / maximum? What is the minimum carrier rating? How long must the policy have been in force? Do you use individual investor dollars? Do you use institutional dollars? If so, what types of institutions? Can policies be resold? Can policies be resold to individual investors? Who will be the owner and beneficiary of the policy? Availability: What types of policies do you purchase? What is the minimum age of the insured? What is the life expectancy range? What is the policy size minimum / maximum? What is the minimum carrier rating? How long must the policy have been in force? Do you use individual investor dollars? Do you use institutional dollars? If so, what types of institutions? Can policies be resold? Can policies be resold to individual investors? Who will be the owner and beneficiary of the policy? Availability: What types of policies do you purchase? What is the minimum age of the insured? What is the life expectancy range? What is the policy size minimum / maximum? What is the minimum carrier rating? How long must the policy have been in force? Do you use individual investor dollars? Do you use institutional dollars? If so, what types of institutions? Can policies be resold? Can policies be resold to individual investors? Who will be the owner and beneficiary of the policy? Ardan Settlement Group 732-855-0670 www.ardangroup.com Will Consider All Policies Minimum; minimum or Maximum Life Expectancy $50,000 / $20,000,000 A 2 years. Banks, hedge funds, family offices. usually a Trust or SPV GWG Life Settlements 877-746-1944 www.gwglife.com AL AZ CT DE HI KS LA ME MD MA MI MS MO NE NM NC OK PA SC SD TX VA WY UL and term convertible to UL. Minimum age = 65 LE Range <= 150 month average of two LE s. First LE must be AVS or Fasano. 2nd LE can be 21st, ISC, AVS or Fasano. Maximum Death Benefit = $5,000,000.00 Must have at least two of the following ratings: AA- or above from S&P, Aa3 or above from Moody s or A- from A.M. Best 2 years. Large banking institution Policies are held in trust with independent corporate bank as trustee. Legacy Benefits, LLC 212-643-1190 www.legacybenefits.com Except AK FL ID IA LA MT NE NH WV UL, Term conversion and survivorships. Minimum age of the insured is 70 years old. Life expectancy range is 24-160 months. Minimum: $100,000; Maximum: $50,000,000 A- or better from S&P and/or A3 or better from Moody s. At least 2 years.. Accredited investors, qualified institutional buyers, financing entities and other financial institutions. Legacy Benefits, LLC or its financing entities 7 SMA_5.11sourcelistdetail.indd 7
Availability: What types of policies do you purchase? What is the minimum age of the insured? What is the life expectancy range? What is the policy size minimum / maximum? What is the minimum carrier rating? How long must the policy have been in force? Do you use individual investor dollars? Do you use institutional dollars? If so, what types of institutions? Can policies be resold? Can policies be resold to individual investors? Who will be the owner and beneficiary of the policy? Lotus Life, LLC 203-542-4836 www.lotuslife.com Except AK FL ID IL IN IA KS KY LA MN MT NE ND OK OR RI UT VT WA WV WI UL, Convertible Term Minimum Age. LE range: Viatical to 150 Months $500k to $50M ne 2 Years. Hedge Fund, Pension, Family Office. Lotus Life, LLC 8 SMA_5.11sourcelistdetail.indd 8