{"id":224532,"date":"2023-05-04T15:19:28","date_gmt":"2023-05-04T15:19:28","guid":{"rendered":"https:\/\/www.valmarkfg.com\/site\/?page_id=224532"},"modified":"2024-08-15T21:22:52","modified_gmt":"2024-08-15T21:22:52","slug":"life-settlements","status":"publish","type":"page","link":"https:\/\/valmarkfg.com\/site\/resources-section\/life-settlements\/","title":{"rendered":"Life Settlements"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; inner_shadow=&#8221;on&#8221; custom_padding_last_edited=&#8221;on|desktop&#8221; next_background_color=&#8221;#FFFFFF&#8221; disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;SECTION &#8211; Hero &#8211; ORIGINAL&#8221; _builder_version=&#8221;4.19.5&#8243; background_color=&#8221;#002536&#8243; background_image=&#8221;https:\/\/valmarkfg.com\/site\/wp-content\/uploads\/SITE_IMAGES_LRG_1920X1060_RESOURCES_LifeSettlements_INTRO_1.jpg&#8221; parallax=&#8221;on&#8221; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; 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header_5_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_6_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_6_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_6_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; use_border_color=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>We are an independent life settlement broker providing objective guidance, resources, and a competitive auction process to help you obtain competitive market value for a life insurance policy you no longer need or want.<\/p>\n<p>By connecting you to our network of the majority of leading life settlement providers, we help mitigate the risk of a single provider making a low offer for your policy.<\/p>\n<p>After utilizing our services, you will be come away with a good understanding of the value for both your policy and the options to consider going forward.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.16&#8243; 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body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; box_shadow_horizontal_image_tablet=&#8221;0px&#8221; box_shadow_vertical_image_tablet=&#8221;0px&#8221; box_shadow_blur_image_tablet=&#8221;40px&#8221; box_shadow_spread_image_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; image_max_width=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Our 60 years of life insurance industry experience and internal pricing software help us estimate the value of your policy up front. 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header_4_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_5_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_5_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_5_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_6_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_6_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_6_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; global_colors_info=&#8221;{}&#8221;]1. Client name has been changed to protect confidentiality.<\/p>\n<div style=\"padding-top:10px;\">2. The gross offer will be reduced by commissions and expenses related to the sale.<\/div>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; padding_mobile=&#8221;off&#8221; make_equal=&#8221;on&#8221; column_padding_mobile=&#8221;on&#8221; _builder_version=&#8221;4.19.5&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; z_index_tablet=&#8221;0&#8243; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; 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header_font_size_tablet=&#8221;40&#8243; header_font_size_phone=&#8221;&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; z_index_tablet=&#8221;0&#8243; custom_css_blurb_title=&#8221;padding-bottom:20px;&#8221; header_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; border_radii_image=&#8221;off|0px|0x|0px|0px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; box_shadow_horizontal_image_tablet=&#8221;0px&#8221; box_shadow_vertical_image_tablet=&#8221;0px&#8221; box_shadow_blur_image_tablet=&#8221;40px&#8221; box_shadow_spread_image_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; image_max_width=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Janine<sup style=\"font-size: 8px;\">1<\/sup>, age 74, received a notice from her insurance company that her policy was a month away from lapsing and her premium would increase by over five times to keep the policy going. She planned to let the policy lapse  because she couldn\u2019t afford the higher premium. <\/p>\n<p>[\/et_pb_blurb][et_pb_toggle title=&#8221;READ MORE&#8221; open_toggle_text_color=&#8221;#285a6e&#8221; open_toggle_background_color=&#8221;#d9d9d9&#8243; closed_toggle_text_color=&#8221;#285a6e&#8221; closed_toggle_background_color=&#8221;#d9d9d9&#8243; icon_color=&#8221;#285a6e&#8221; open_icon_color=&#8221;#285a6e&#8221; _builder_version=&#8221;4.19.5&#8243; title_text_color=&#8221;#285a6e&#8221; title_font=&#8221;|700|||||||&#8221; title_text_align=&#8221;right&#8221; closed_title_font=&#8221;|700|||||||&#8221; closed_title_text_align=&#8221;right&#8221; body_font=&#8221;Lato||||||||&#8221; body_text_align=&#8221;left&#8221; body_text_color=&#8221;#002536&#8243; background_color=&#8221;#00b3e5&#8243; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; text_orientation=&#8221;left&#8221; custom_margin=&#8221;|-20px|0px|-20px&#8221; custom_padding=&#8221;|20px|20px|20px&#8221; 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body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div><strong>Policy Type<\/strong><\/div>\n<ul style=\"margin-top:0px; padding-top:5px;\">\n<li>$2,000,000 Universal Life<\/li>\n<li>Original Premium: $6,321 \/ yr.<\/li>\n<li>New Premium: $33,591 \/ yr. to age 100<\/li>\n<li>Cash Surrender Value: $0<\/li>\n<\/ul>\n<div><strong>Client Outcome<\/strong><\/div>\n<ul style=\"margin-top:0px; padding-top:5px;\">\n<li>Initial offers ranged from $200,000\u2014$250,000<\/li>\n<li>16-round competitive auction resulted in a high offer of <strong>$511,001<\/strong> <sup style=\"font-size:8px;\">2<\/sup><\/li>\n<\/ul>\n<p>[\/et_pb_toggle][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;https:\/\/valmarkfg.com\/site\/wp-content\/uploads\/SITE_IMAGES_LRG_1200x800_RESOURCES_LifeSettlements_SUCCESS_2.jpg&#8221; align=&#8221;center&#8221; align_tablet=&#8221;center&#8221; align_phone=&#8221;&#8221; align_last_edited=&#8221;on|desktop&#8221; admin_label=&#8221;Image &#8211; When Liquidity Is Needed for Trust-Owned Policies&#8221; _builder_version=&#8221;4.21.0&#8243; z_index=&#8221;100&#8243; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; custom_margin=&#8221;|-20px|-150px|-20px&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_duration=&#8221;500ms&#8221; animation_intensity_slide=&#8221;10%&#8221; border_radii=&#8221;off|0px|0px|0px|0px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; animation=&#8221;top&#8221; sticky=&#8221;off&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; always_center_on_mobile=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_blurb title=&#8221;When Liquidity Is Needed for Trust-Owned Policies&#8221; content_max_width=&#8221;auto&#8221; image_icon_width_tablet=&#8221;101px&#8221; content_max_width_tablet=&#8221;550px&#8221; admin_label=&#8221;Blurb &#8211; When Liquidity Is Needed for Trust-Owned Policies&#8221; _builder_version=&#8221;4.21.0&#8243; header_font=&#8221;Lato Light||||&#8221; header_font_size=&#8221;30px&#8221; body_font=&#8221;Lato||||&#8221; body_text_color=&#8221;#002536&#8243; background_color=&#8221;#eaeceb&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; text_orientation=&#8221;center&#8221; custom_margin=&#8221;|-20px|0px|-20px&#8221; custom_padding=&#8221;180px|20px|20px|20px&#8221; header_font_size_tablet=&#8221;40&#8243; header_font_size_phone=&#8221;&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; z_index_tablet=&#8221;0&#8243; custom_css_blurb_title=&#8221;padding-bottom:20px;&#8221; header_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; border_radii_image=&#8221;off|0px|0x|0px|0px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; box_shadow_horizontal_image_tablet=&#8221;0px&#8221; box_shadow_vertical_image_tablet=&#8221;0px&#8221; box_shadow_blur_image_tablet=&#8221;40px&#8221; box_shadow_spread_image_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; image_max_width=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Helen<sup style=\"font-size: 8px;\">1<\/sup>, age 90, owned a substantial insurance portfolio held in an irrevocable trust to cover estate taxes. The trust was running out of liquidity to fund all the policies. Selling one policy helped her create liquidity to keep the other policies. <\/p>\n<p>[\/et_pb_blurb][et_pb_toggle title=&#8221;READ MORE&#8221; open_toggle_text_color=&#8221;#285a6e&#8221; open_toggle_background_color=&#8221;#d9d9d9&#8243; closed_toggle_text_color=&#8221;#285a6e&#8221; closed_toggle_background_color=&#8221;#d9d9d9&#8243; icon_color=&#8221;#285a6e&#8221; open_icon_color=&#8221;#285a6e&#8221; _builder_version=&#8221;4.19.5&#8243; title_text_color=&#8221;#285a6e&#8221; title_font=&#8221;|700|||||||&#8221; title_text_align=&#8221;right&#8221; closed_title_font=&#8221;|700|||||||&#8221; closed_title_text_align=&#8221;right&#8221; body_font=&#8221;Lato||||||||&#8221; body_text_align=&#8221;left&#8221; body_text_color=&#8221;#002536&#8243; background_color=&#8221;#00b3e5&#8243; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; text_orientation=&#8221;left&#8221; custom_margin=&#8221;|-20px|0px|-20px&#8221; custom_padding=&#8221;|20px|20px|20px&#8221; title_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; title_text_shadow_vertical_length_tablet=&#8221;0px&#8221; title_text_shadow_blur_strength_tablet=&#8221;1px&#8221; closed_title_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; closed_title_text_shadow_vertical_length_tablet=&#8221;0px&#8221; closed_title_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div><strong>Policy Type<\/strong><\/div>\n<ul style=\"margin-top:0px; padding-top:5px;\">\n<li>$4,000,000 Guaranteed Universal Life<\/li>\n<li>Original Premium: $30,000 \/ yr.<\/li>\n<li>New Premium: $311,945 \/ yr. to age 100<\/li>\n<li>Cash Surrender Value: $0<\/li>\n<\/ul>\n<div><strong>Client Outcome<\/strong><\/div>\n<ul style=\"margin-top:0px; padding-top:5px;\">\n<li>Initial offers ranged from $800,000\u2014$1,100,000<\/li>\n<li>4-round competitive auction resulted in a high offer of <strong>$1,390,000<\/strong> <sup style=\"font-size:8px;\">2<\/sup><\/li>\n<\/ul>\n<p>[\/et_pb_toggle][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;https:\/\/valmarkfg.com\/site\/wp-content\/uploads\/SITE_IMAGES_LRG_1200x800_RESOURCES_LifeSettlements_SUCCESS_3.jpg&#8221; align=&#8221;center&#8221; align_tablet=&#8221;center&#8221; align_phone=&#8221;&#8221; align_last_edited=&#8221;on|desktop&#8221; admin_label=&#8221;Image &#8211; When Business-Owned Insurance Is No Longer Needed&#8221; _builder_version=&#8221;4.21.0&#8243; z_index=&#8221;100&#8243; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; custom_margin=&#8221;|-20px|-150px|-20px&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_duration=&#8221;500ms&#8221; animation_intensity_slide=&#8221;10%&#8221; border_radii=&#8221;off|0px|0px|0px|0px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; animation=&#8221;top&#8221; sticky=&#8221;off&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; always_center_on_mobile=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_blurb title=&#8221;When Business-Owned Insurance Is No Longer Needed&#8221; content_max_width=&#8221;auto&#8221; image_icon_width_tablet=&#8221;101px&#8221; content_max_width_tablet=&#8221;550px&#8221; admin_label=&#8221;Blurb &#8211; When Business-Owned Insurance Is No Longer Needed&#8221; _builder_version=&#8221;4.19.5&#8243; header_font=&#8221;Lato Light||||&#8221; header_font_size=&#8221;30px&#8221; body_font=&#8221;Lato||||&#8221; body_text_color=&#8221;#002536&#8243; background_color=&#8221;#eaeceb&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; text_orientation=&#8221;center&#8221; custom_margin=&#8221;|-20px|0px|-20px&#8221; custom_padding=&#8221;180px|20px|20px|20px&#8221; header_font_size_tablet=&#8221;40&#8243; header_font_size_phone=&#8221;&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; z_index_tablet=&#8221;0&#8243; custom_css_blurb_title=&#8221;padding-bottom:20px;&#8221; header_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; border_radii_image=&#8221;off|0px|0x|0px|0px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; box_shadow_horizontal_image_tablet=&#8221;0px&#8221; box_shadow_vertical_image_tablet=&#8221;0px&#8221; box_shadow_blur_image_tablet=&#8221;40px&#8221; box_shadow_spread_image_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; image_max_width=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Jack<sup style=\"font-size: 8px;\">1<\/sup>, age 62, had a key-man insurance policy that his employer paid for. Upon retiring, Jack was able to keep the policy but also had to pay the premium. He wasn\u2019t interested in paying for the policy, so he<br \/>\nplanned to surrender it.<\/p>\n<p>[\/et_pb_blurb][et_pb_toggle title=&#8221;READ MORE&#8221; open_toggle_text_color=&#8221;#285a6e&#8221; open_toggle_background_color=&#8221;#d9d9d9&#8243; closed_toggle_text_color=&#8221;#285a6e&#8221; closed_toggle_background_color=&#8221;#d9d9d9&#8243; icon_color=&#8221;#285a6e&#8221; open_icon_color=&#8221;#285a6e&#8221; _builder_version=&#8221;4.19.5&#8243; title_text_color=&#8221;#285a6e&#8221; title_font=&#8221;|700|||||||&#8221; title_text_align=&#8221;right&#8221; closed_title_font=&#8221;|700|||||||&#8221; closed_title_text_align=&#8221;right&#8221; body_font=&#8221;Lato||||||||&#8221; body_text_align=&#8221;left&#8221; body_text_color=&#8221;#002536&#8243; background_color=&#8221;#00b3e5&#8243; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; text_orientation=&#8221;left&#8221; custom_margin=&#8221;|-20px|0px|-20px&#8221; custom_padding=&#8221;|20px|20px|20px&#8221; title_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; title_text_shadow_vertical_length_tablet=&#8221;0px&#8221; title_text_shadow_blur_strength_tablet=&#8221;1px&#8221; closed_title_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; closed_title_text_shadow_vertical_length_tablet=&#8221;0px&#8221; closed_title_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div><strong>Policy Type<\/strong><\/div>\n<ul style=\"margin-top:0px; padding-top:5px;\">\n<li>$7,200,000 Universal Life<\/li>\n<li>Original Premium: $72,000 \/ yr.<\/li>\n<li>New Premium: $168,948 \/ yr. to age 100<\/li>\n<li>Cash Surrender Value: $12,068<\/li>\n<\/ul>\n<div><strong>Client Outcome<\/strong><\/div>\n<ul style=\"margin-top:0px; padding-top:5px;\">\n<li>Initial offers ranged from $50,000\u2014$100,000<\/li>\n<li>24-round competitive auction resulted in a high offer of <strong>$437,430<\/strong> <sup style=\"font-size:8px;\">2<\/sup><\/li>\n<\/ul>\n<p>[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; 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align_tablet=&#8221;center&#8221; align_phone=&#8221;&#8221; align_last_edited=&#8221;on|desktop&#8221; admin_label=&#8221;Image &#8211; When Healthy Insureds Want to Sell Their Policy&#8221; _builder_version=&#8221;4.21.0&#8243; z_index=&#8221;100&#8243; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; custom_margin=&#8221;|-20px|-150px|-20px&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_duration=&#8221;500ms&#8221; animation_intensity_slide=&#8221;10%&#8221; border_radii=&#8221;off|0px|0px|0px|0px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; animation=&#8221;top&#8221; sticky=&#8221;off&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; always_center_on_mobile=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_blurb title=&#8221;When Healthy Insureds Want to Sell Their Policy&#8221; content_max_width=&#8221;auto&#8221; image_icon_width_tablet=&#8221;101px&#8221; content_max_width_tablet=&#8221;550px&#8221; admin_label=&#8221;Blurb &#8211; When Healthy Insureds Want to Sell Their Policy&#8221; _builder_version=&#8221;4.19.5&#8243; header_font=&#8221;Lato Light||||&#8221; header_font_size=&#8221;30px&#8221; body_font=&#8221;Lato||||&#8221; body_text_color=&#8221;#002536&#8243; background_color=&#8221;#eaeceb&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; text_orientation=&#8221;center&#8221; custom_margin=&#8221;|-20px|0px|-20px&#8221; custom_padding=&#8221;180px|20px|20px|20px&#8221; header_font_size_tablet=&#8221;40&#8243; header_font_size_phone=&#8221;&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; z_index_tablet=&#8221;0&#8243; custom_css_blurb_title=&#8221;padding-bottom:20px;&#8221; header_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; border_radii_image=&#8221;off|0px|0x|0px|0px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; box_shadow_horizontal_image_tablet=&#8221;0px&#8221; box_shadow_vertical_image_tablet=&#8221;0px&#8221; box_shadow_blur_image_tablet=&#8221;40px&#8221; box_shadow_spread_image_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; image_max_width=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Grace<sup style=\"font-size: 8px;\">1<\/sup>, age 81, had two children who were grown and established, and her estate taxes were no longer a concern. She felt she didn\u2019t really need her insurance policy and the premiums were a drag on her retirement spending. <\/p>\n<p>[\/et_pb_blurb][et_pb_toggle title=&#8221;READ MORE&#8221; open_toggle_text_color=&#8221;#285a6e&#8221; open_toggle_background_color=&#8221;#d9d9d9&#8243; closed_toggle_text_color=&#8221;#285a6e&#8221; closed_toggle_background_color=&#8221;#d9d9d9&#8243; icon_color=&#8221;#285a6e&#8221; open_icon_color=&#8221;#285a6e&#8221; _builder_version=&#8221;4.19.5&#8243; title_text_color=&#8221;#285a6e&#8221; title_font=&#8221;|700|||||||&#8221; title_text_align=&#8221;right&#8221; closed_title_font=&#8221;|700|||||||&#8221; closed_title_text_align=&#8221;right&#8221; body_font=&#8221;Lato||||||||&#8221; body_text_align=&#8221;left&#8221; body_text_color=&#8221;#002536&#8243; background_color=&#8221;#00b3e5&#8243; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; text_orientation=&#8221;left&#8221; custom_margin=&#8221;|-20px|0px|-20px&#8221; custom_padding=&#8221;|20px|20px|20px&#8221; title_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; title_text_shadow_vertical_length_tablet=&#8221;0px&#8221; title_text_shadow_blur_strength_tablet=&#8221;1px&#8221; closed_title_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; closed_title_text_shadow_vertical_length_tablet=&#8221;0px&#8221; closed_title_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div><strong>Policy Type<\/strong><\/div>\n<ul style=\"margin-top:0px; padding-top:5px;\">\n<li>$2,000,000 Universal Life<\/li>\n<li>Current Premium: $90,613 \/ yr.<\/li>\n<li>Cash Surrender Value: $0<\/li>\n<li>Life Expectancy: Over 13 years<\/li>\n<\/ul>\n<div><strong>Client Outcome<\/strong><\/div>\n<ul style=\"margin-top:0px; padding-top:5px;\">\n<li>Marketed case to specialty buyers for healthy elderly insureds<\/li>\n<li>Competitive auction resulted in a high offer of <strong>$210,000<\/strong> <sup style=\"font-size:8px;\">2<\/sup><\/li>\n<\/ul>\n<p>[\/et_pb_toggle][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;https:\/\/valmarkfg.com\/site\/wp-content\/uploads\/SITE_IMAGES_LRG_1200x800_RESOURCES_LifeSettlements_SUCCESS_5.jpg&#8221; align=&#8221;center&#8221; align_tablet=&#8221;center&#8221; align_phone=&#8221;&#8221; align_last_edited=&#8221;on|desktop&#8221; admin_label=&#8221;Image &#8211; When Term Policies are Near Their Term Conversion Deadline&#8221; _builder_version=&#8221;4.21.0&#8243; z_index=&#8221;100&#8243; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; custom_margin=&#8221;|-20px|-150px|-20px&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_duration=&#8221;500ms&#8221; animation_intensity_slide=&#8221;10%&#8221; border_radii=&#8221;off|0px|0px|0px|0px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; animation=&#8221;top&#8221; sticky=&#8221;off&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; always_center_on_mobile=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_blurb title=&#8221;When Term Policies are Near Their Term Conversion Deadline&#8221; content_max_width=&#8221;auto&#8221; image_icon_width_tablet=&#8221;101px&#8221; content_max_width_tablet=&#8221;550px&#8221; admin_label=&#8221;Blurb &#8211; When Term Policies are Near Their Term Conversion Deadline&#8221; _builder_version=&#8221;4.19.5&#8243; header_font=&#8221;Lato Light||||&#8221; header_font_size=&#8221;30px&#8221; body_font=&#8221;Lato||||&#8221; body_text_color=&#8221;#002536&#8243; background_color=&#8221;#eaeceb&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; text_orientation=&#8221;center&#8221; custom_margin=&#8221;|-20px|0px|-20px&#8221; custom_padding=&#8221;180px|20px|20px|20px&#8221; header_font_size_tablet=&#8221;40&#8243; header_font_size_phone=&#8221;&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; z_index_tablet=&#8221;0&#8243; custom_css_blurb_title=&#8221;padding-bottom:20px;&#8221; header_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; border_radii_image=&#8221;off|0px|0x|0px|0px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; box_shadow_horizontal_image_tablet=&#8221;0px&#8221; box_shadow_vertical_image_tablet=&#8221;0px&#8221; box_shadow_blur_image_tablet=&#8221;40px&#8221; box_shadow_spread_image_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; image_max_width=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Akira<sup style=\"font-size: 8px;\">1<\/sup>, age 64, originally purchased a term policy to provide liquidity for his business and estate. He felt the level term premium was affordable but converting it to a permanent policy was too expensive. Akira was able to sell his policy prior to the conversion deadline for a substantial value. <\/p>\n<p>[\/et_pb_blurb][et_pb_toggle title=&#8221;READ MORE&#8221; open_toggle_text_color=&#8221;#285a6e&#8221; open_toggle_background_color=&#8221;#d9d9d9&#8243; closed_toggle_text_color=&#8221;#285a6e&#8221; closed_toggle_background_color=&#8221;#d9d9d9&#8243; icon_color=&#8221;#285a6e&#8221; open_icon_color=&#8221;#285a6e&#8221; _builder_version=&#8221;4.19.5&#8243; title_text_color=&#8221;#285a6e&#8221; title_font=&#8221;|700|||||||&#8221; title_text_align=&#8221;right&#8221; closed_title_font=&#8221;|700|||||||&#8221; closed_title_text_align=&#8221;right&#8221; body_font=&#8221;Lato||||||||&#8221; body_text_align=&#8221;left&#8221; body_text_color=&#8221;#002536&#8243; background_color=&#8221;#00b3e5&#8243; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; text_orientation=&#8221;left&#8221; custom_margin=&#8221;|-20px|0px|-20px&#8221; custom_padding=&#8221;|20px|20px|20px&#8221; title_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; title_text_shadow_vertical_length_tablet=&#8221;0px&#8221; title_text_shadow_blur_strength_tablet=&#8221;1px&#8221; closed_title_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; closed_title_text_shadow_vertical_length_tablet=&#8221;0px&#8221; closed_title_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div><strong>Policy Type<\/strong><\/div>\n<ul style=\"margin-top:0px; padding-top:5px;\">\n<li>$5,000,000 Term Life<\/li>\n<li>Original Term Premium: $7,925 \/ yr.<\/li>\n<li>New Conversion Premium: $164,778 \/ yr. to age 100<\/li>\n<\/ul>\n<div><strong>Client Outcome<\/strong><\/div>\n<ul style=\"margin-top:0px; padding-top:5px;\">\n<li>Akira split the policy into two policies: one $3.5M and one $1.5M<\/li>\n<li>After a 13-round auction, the $3.5M term policy sold for <strong>$1,081,000<\/strong> <sup style=\"font-size:8px;\">2<\/sup><\/li>\n<li>The $1.5M term policy was converted and kept for Akira\u2019s family<\/li>\n<\/ul>\n<p>[\/et_pb_toggle][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; 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box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; animation=&#8221;top&#8221; sticky=&#8221;off&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; always_center_on_mobile=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_blurb title=&#8221;When a Policy Is No Longer Needed For Estate Planning&#8221; content_max_width=&#8221;auto&#8221; image_icon_width_tablet=&#8221;101px&#8221; content_max_width_tablet=&#8221;550px&#8221; admin_label=&#8221;Blurb &#8211; When a Policy Is No Longer Needed For Estate Planning&#8221; _builder_version=&#8221;4.21.0&#8243; header_font=&#8221;Lato Light||||&#8221; header_font_size=&#8221;30px&#8221; body_font=&#8221;Lato||||&#8221; body_text_color=&#8221;#002536&#8243; background_color=&#8221;#eaeceb&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; text_orientation=&#8221;center&#8221; custom_margin=&#8221;|-20px|0px|-20px&#8221; custom_padding=&#8221;180px|20px|20px|20px&#8221; header_font_size_tablet=&#8221;40&#8243; header_font_size_phone=&#8221;&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; z_index_tablet=&#8221;0&#8243; custom_css_blurb_title=&#8221;padding-bottom:20px;&#8221; header_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; border_radii_image=&#8221;off|0px|0x|0px|0px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; box_shadow_horizontal_image_tablet=&#8221;0px&#8221; box_shadow_vertical_image_tablet=&#8221;0px&#8221; box_shadow_blur_image_tablet=&#8221;40px&#8221; box_shadow_spread_image_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; image_max_width=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Evelyn<sup style=\"font-size: 8px;\">1<\/sup>, age 97, had an estate that was highly liquid and no longer needed a policy for estate planning. The beneficiaries wanted to stop paying premiums and recoup $7M already paid into the policy. <\/p>\n<p>[\/et_pb_blurb][et_pb_toggle title=&#8221;READ MORE&#8221; open_toggle_text_color=&#8221;#285a6e&#8221; open_toggle_background_color=&#8221;#d9d9d9&#8243; closed_toggle_text_color=&#8221;#285a6e&#8221; closed_toggle_background_color=&#8221;#d9d9d9&#8243; icon_color=&#8221;#285a6e&#8221; open_icon_color=&#8221;#285a6e&#8221; _builder_version=&#8221;4.19.5&#8243; title_text_color=&#8221;#285a6e&#8221; title_font=&#8221;|700|||||||&#8221; title_text_align=&#8221;right&#8221; closed_title_font=&#8221;|700|||||||&#8221; closed_title_text_align=&#8221;right&#8221; body_font=&#8221;Lato||||||||&#8221; body_text_align=&#8221;left&#8221; body_text_color=&#8221;#002536&#8243; background_color=&#8221;#00b3e5&#8243; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; text_orientation=&#8221;left&#8221; custom_margin=&#8221;|-20px|0px|-20px&#8221; custom_padding=&#8221;|20px|20px|20px&#8221; title_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; title_text_shadow_vertical_length_tablet=&#8221;0px&#8221; title_text_shadow_blur_strength_tablet=&#8221;1px&#8221; closed_title_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; closed_title_text_shadow_vertical_length_tablet=&#8221;0px&#8221; closed_title_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; body_quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; body_quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_shadow_blur_strength_tablet=&#8221;1px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div><strong>Policy Type<\/strong><\/div>\n<ul style=\"margin-top:0px; padding-top:5px;\">\n<li>$15,000,000 Universal Life<\/li>\n<li>Current Premium: $900,000 \/ yr.<\/li>\n<li>Cash Surrender Value: $0<\/li>\n<li>Life Expectancy: 4 to 4.5 years<\/li>\n<\/ul>\n<div><strong>Client Outcome<\/strong><\/div>\n<ul style=\"margin-top:0px; padding-top:5px;\">\n<li>Competitive auction resulted in a high offer of <strong>$8,500,000<\/strong> <sup style=\"font-size:8px;\">2<\/sup><\/li>\n<li>Enabled Emily\u2019s family to recover the premiums paid into the policy while creating significant cash flow for the family to use for other immediate needs.\n<\/li>\n<\/ul>\n<p>[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; 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_module_preset=&#8221;default&#8221; text_font=&#8221;Lato||||||||&#8221; text_text_color=&#8221;#002436&#8243; text_font_size=&#8221;18px&#8221; text_line_height=&#8221;1.6em&#8221; background_color=&#8221;#FFFFFF&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;|30px|20px|30px|false|false&#8221; custom_margin_tablet=&#8221;|30px|20px|30px|false|false&#8221; custom_margin_phone=&#8221;|20px||20px|false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;30px|30px|30px|30px|false|false&#8221; text_font_size_tablet=&#8221;18px&#8221; text_font_size_phone=&#8221;16px&#8221; text_font_size_last_edited=&#8221;on|tablet&#8221; text_line_height_tablet=&#8221;1.6em&#8221; text_line_height_phone=&#8221;1.4em&#8221; text_line_height_last_edited=&#8221;on|phone&#8221; border_radii=&#8221;on|25px|25px|25px|25px&#8221; border_width_all=&#8221;1px&#8221; border_color_all=&#8221;#adabac&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>\u201cIn the 15 years we\u2019ve been working with Life Settlements, we have created over $200 million of proceeds for clients.\u201c<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;TESTIMONIAL FIX &#8211; Title (TEXT VERSION)&#8221; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Lato||||||||&#8221; text_text_color=&#8221;#002436&#8243; text_font_size=&#8221;12px&#8221; text_line_height=&#8221;1.2em&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;0px||||false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]Caleb Calahan<br \/>\nPresident<br \/>\nValmark Financial Group[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.16&#8243; max_width=&#8221;600px&#8221; module_alignment=&#8221;center&#8221; use_custom_width=&#8221;on&#8221; custom_width_px=&#8221;600px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_divider show_divider=&#8221;off&#8221; disabled_on=&#8221;on|on|off&#8221; 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text_text_color=&#8221;#839baa&#8221; text_font_size=&#8221;21&#8243; header_font=&#8221;Open Sans||||&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; text_orientation=&#8221;center&#8221; module_alignment=&#8221;center&#8221; custom_margin_tablet=&#8221;&#8221; custom_margin_phone=&#8221;||0px|&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;20px||0px|&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|desktop&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1 style=\"text-align: left;\">Meet Our Life Settlements Team<\/h1>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.19.5&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; vertical_offset_tablet=&#8221;0&#8243; horizontal_offset_tablet=&#8221;0&#8243; module_alignment=&#8221;left&#8221; z_index_tablet=&#8221;500&#8243; text_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; text_text_shadow_vertical_length_tablet=&#8221;0px&#8221; text_text_shadow_blur_strength_tablet=&#8221;1px&#8221; link_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; link_text_shadow_vertical_length_tablet=&#8221;0px&#8221; link_text_shadow_blur_strength_tablet=&#8221;1px&#8221; ul_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; ul_text_shadow_vertical_length_tablet=&#8221;0px&#8221; ul_text_shadow_blur_strength_tablet=&#8221;1px&#8221; ol_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; 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header_6_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_6_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; use_border_color=&#8221;off&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Our team is made up of skilled and experienced professionals from a variety of financial disciplines working together to provide a seamless process for helping you obtain the highest fair market value for your policy. <\/p>\n<p>Our team includes: 3 internal underwriters, 6 life settlement analysts, dedicated compliance oversight, experienced legal counsel, and credentialed specialists, including CFP\u00ae, CLU\u00ae, ChFC\u00ae, JD, LL.M. (Tax), MBA, FINRA Series 7, 24, 66, Life &#038; Health Insurance licenses, and other financial professional designations.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_4,1_4,1_4,1_4&#8243; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/valmarkfg.com\/site\/wp-content\/uploads\/images_circular_BIO_Dawson_James_2023-0817.jpg&#8221; title_text=&#8221;images_circular_BIO_Dawson_James_2023-0817&#8243; admin_label=&#8221;BIO IMAGE &#8211; Dawson, James (2023-0503)&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|50%|50%|50%|50%&#8221; global_module=&#8221;224347&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_cta button_url=&#8221;https:\/\/valmarkfg.com\/site\/our-story\/biography-life-settlements-james-dawson\/&#8221; 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z_index_tablet=&#8221;500&#8243; custom_css_main_element=&#8221;border-radius: 0px 0px 26px 26px;&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;groove&#8221; button_letter_spacing_hover=&#8221;0&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>Michael Michlitsch, MBA, CRPC\u00ae<br \/><\/strong>Vice President of Inforce Insurance Solutions,<br \/>Valmark Financial Group<\/p>\n<p>[\/et_pb_cta][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/valmarkfg.com\/site\/wp-content\/uploads\/images_circular_BIO_Callahan_Caleb_2023-0817.jpg&#8221; title_text=&#8221;images_circular_BIO_Callahan_Caleb_2023-0817&#8243; admin_label=&#8221;BIO IMAGE &#8211; Callahan, Caleb (2023-0503)&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; 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button_letter_spacing_hover=&#8221;0&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div style=\"padding-bottom: 23px;\">\n<p><strong>Caleb J. Callahan, CFP\u00ae<br \/><\/strong>President and Chief Operating Officer, Valmark Financial Group<\/p>\n<\/div>\n<p>[\/et_pb_cta][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/valmarkfg.com\/site\/wp-content\/uploads\/images_circular_OurStory_LarryRybka_2023-0719-1.png&#8221; title_text=&#8221;images_circular_OurStory_LarryRybka_2023-0719&#8243; admin_label=&#8221;BIO IMAGE &#8211; Rybka, Larry (2023-0503)&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|50%|50%|50%|50%&#8221; global_module=&#8221;224350&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_cta button_url=&#8221;https:\/\/valmarkfg.com\/site\/our-story\/biography-life-settlements-larry-j-rybka\/&#8221; button_text=&#8221;View Biography&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;BIO BUTTON &#8211; LS &#8211; Rybka, Larry&#8221; _builder_version=&#8221;4.21.0&#8243; body_font=&#8221;Lato||||&#8221; body_text_color=&#8221;#022535&#8243; body_font_size=&#8221;15px&#8221; body_line_height=&#8221;1.5em&#8221; use_background_color=&#8221;off&#8221; background_layout=&#8221;light&#8221; custom_margin=&#8221;|-20px||-20px|false|false&#8221; custom_padding=&#8221;0px|20px|0px|20px&#8221; z_index_tablet=&#8221;500&#8243; custom_css_main_element=&#8221;border-radius: 0px 0px 26px 26px;&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;groove&#8221; button_letter_spacing_hover=&#8221;0&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div style=\"padding-bottom: 23px;\">\n<p><strong>Larry J. Rybka, JD, CFP\u00ae<br \/><\/strong>Chairman and CEO, <br \/>Valmark Financial Group<\/p>\n<\/div>\n<p>[\/et_pb_cta][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_4,1_4,1_4,1_4&#8243; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/valmarkfg.com\/site\/wp-content\/uploads\/images_circular_BIO_Bottaro_Chris_2023-0503.jpg&#8221; title_text=&#8221;images_circular_BIO_Bottaro_Chris_2023-0503&#8243; admin_label=&#8221;BIO IMAGE &#8211; Bottaro, Chris (2023-0503)&#8221; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|50%|50%|50%|50%&#8221; global_module=&#8221;224351&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_cta button_url=&#8221;https:\/\/valmarkfg.com\/site\/our-story\/biography-life-settlements-chris-bottaro\/&#8221; button_text=&#8221;View Biography&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;BIO BUTTON &#8211; LS &#8211; Bottaro, Chris&#8221; _builder_version=&#8221;4.21.0&#8243; body_font=&#8221;Lato||||&#8221; body_text_color=&#8221;#022535&#8243; body_font_size=&#8221;15px&#8221; body_line_height=&#8221;1.5em&#8221; use_background_color=&#8221;off&#8221; background_layout=&#8221;light&#8221; custom_margin=&#8221;|-20px||-20px|false|false&#8221; custom_padding=&#8221;0px|20px|0px|20px&#8221; z_index_tablet=&#8221;500&#8243; custom_css_main_element=&#8221;border-radius: 0px 0px 26px 26px;&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;groove&#8221; button_letter_spacing_hover=&#8221;0&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div style=\"padding-bottom: 23px;\">\n<p><strong>Chris Bottaro, MBA<br \/><\/strong>Senior Vice President, Insurance, <br \/>Valmark Financial Group<\/p>\n<\/div>\n<p>[\/et_pb_cta][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; 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body_line_height=&#8221;1.5em&#8221; use_background_color=&#8221;off&#8221; background_layout=&#8221;light&#8221; custom_margin=&#8221;|-20px||-20px|false|false&#8221; custom_padding=&#8221;0px|20px|0px|20px&#8221; z_index_tablet=&#8221;500&#8243; custom_css_main_element=&#8221;border-radius: 0px 0px 26px 26px;&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;groove&#8221; button_letter_spacing_hover=&#8221;0&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>Doug Wilburn<br \/><\/strong>General Counsel and Chief Compliance Officer,<br \/>Valmark Financial Group<\/p>\n<p>[\/et_pb_cta][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/valmarkfg.com\/site\/wp-content\/uploads\/images_circular_BIO_Petkovic_Neil_2023-0817.jpg&#8221; title_text=&#8221;images_circular_BIO_Petkovic_Neil_2023-0817&#8243; admin_label=&#8221;BIO IMAGE &#8211; Petkovic, Neil (2023-0503)&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|50%|50%|50%|50%&#8221; global_module=&#8221;224353&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_cta button_url=&#8221;https:\/\/valmarkfg.com\/site\/our-story\/biography-life-settlements-neil-petkovic\/&#8221; button_text=&#8221;View Biography&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;BIO BUTTON &#8211; LS &#8211; Petkovic, Neil&#8221; _builder_version=&#8221;4.21.0&#8243; body_font=&#8221;Lato||||&#8221; body_text_color=&#8221;#022535&#8243; body_font_size=&#8221;15px&#8221; body_line_height=&#8221;1.5em&#8221; use_background_color=&#8221;off&#8221; background_layout=&#8221;light&#8221; custom_margin=&#8221;|-20px||-20px|false|false&#8221; custom_padding=&#8221;0px|20px|0px|20px&#8221; z_index_tablet=&#8221;500&#8243; custom_css_main_element=&#8221;border-radius: 0px 0px 26px 26px;&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;groove&#8221; button_letter_spacing_hover=&#8221;0&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<div style=\"padding-bottom: 23px;\">\n<p><strong>Neil Petkovic<br \/><\/strong>Senior Legal Counsel,<br \/>Valmark Financial Group<\/p>\n<\/div>\n<p>[\/et_pb_cta][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/valmarkfg.com\/site\/wp-content\/uploads\/images_circular_BIO_Latham_Weston_2023-0817.jpg&#8221; title_text=&#8221;images_circular_BIO_Latham_Weston_2023-0817&#8243; admin_label=&#8221;BIO IMAGE &#8211; Latham, Weston (2023-0503)&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|50%|50%|50%|50%&#8221; global_module=&#8221;224354&#8243; saved_tabs=&#8221;all&#8221; 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ol_text_shadow_vertical_length_tablet=&#8221;0px&#8221; ol_text_shadow_blur_strength_tablet=&#8221;1px&#8221; quote_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; quote_text_shadow_vertical_length_tablet=&#8221;0px&#8221; quote_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_2_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_2_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_2_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_3_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_3_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_3_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_4_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_4_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_4_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_5_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_5_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_5_text_shadow_blur_strength_tablet=&#8221;1px&#8221; header_6_text_shadow_horizontal_length_tablet=&#8221;0px&#8221; header_6_text_shadow_vertical_length_tablet=&#8221;0px&#8221; header_6_text_shadow_blur_strength_tablet=&#8221;1px&#8221; box_shadow_horizontal_tablet=&#8221;0px&#8221; box_shadow_vertical_tablet=&#8221;0px&#8221; box_shadow_blur_tablet=&#8221;40px&#8221; box_shadow_spread_tablet=&#8221;0px&#8221; use_border_color=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]CONSIDERATIONS<\/p>\n<p>In a life settlement agreement, the current life insurance policy owner transfers the ownership and beneficiary designations to a third party, who receives the death proceeds at the passing of the insured. As a result, this buyer has a financial interest in the seller&#8217;s death.<\/p>\n<p>A policy owner should consider the continued need for coverage, and, if the policy owner plans to replace the existing policy with another policy, the policy owner should consider the availability, adequacy, and cost of comparable coverage.<\/p>\n<p>Policy owners considering the need for cash should consider other less costly alternatives to a life settlement. <\/p>\n<p>When an individual decides to sell their policy, they must provide complete access to their medical history, and other personal information, that may affect their life expectancy. This information is requested during the initial application for a life settlement.<\/p>\n<p>After the completion of the sale, there may be an ongoing obligation to disclose similar and additional information to the buyer or servicing agent at a subsequent date.<\/p>\n<p>A life settlement may affect the insured&#8217;s ability to obtain insurance in the future and the seller&#8217;s eligibility for certain public assistance programs, such as Medicaid, and there may be tax consequences.<\/p>\n<p>Individuals should discuss the taxation of the proceeds received from a life settlement with their tax advisor.<\/p>\n<p>A life settlement transaction may require an extended period of time to complete. Due to complexity of the transaction, fees and costs incurred with the life settlement transaction may be substantially higher than other securities.<\/p>\n<p>Once the policy is transferred, the policy owner has no control over subsequent transfers. <\/p>\n<p>Valmark and its registered representatives act as brokers on the transaction and may receive a fee from the purchaser. [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|desktop&#8221; admin_label=&#8221;SECTION &#8211; Footer&#8221; _builder_version=&#8221;4.19.5&#8243; background_color=&#8221;#eaeaeb&#8221; custom_padding_tablet=&#8221;50px|0|50px|0&#8243; custom_padding_phone=&#8221;&#8221; transparent_background=&#8221;off&#8221; padding_mobile=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; global_module=&#8221;653&#8243; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;1_4,1_4,1_4,1_4&#8243; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;LOGO &#8211; TEMPORARY&#8221; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;||20px|&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full aligncenter\" src=\"https:\/\/valmarkfg.com\/site\/wp-content\/uploads\/logo_valmark_stack.svg\" width=\"199\" height=\"149\" \/><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;MENU&#8221; _builder_version=&#8221;4.16&#8243; text_text_color=&#8221;#002536&#8243; text_font_size=&#8221;13&#8243; text_line_height=&#8221;2.6em&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_padding=&#8221;|0px||50px&#8221; custom_padding_tablet=&#8221;|0px||0px&#8221; custom_padding_phone=&#8221;&#8221; custom_padding_last_edited=&#8221;on|tablet&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h5>MENU<\/h5>\n<p><span style=\"color: #2a5a6d;\"><a style=\"color: #2a5a6d;\" href=\"https:\/\/valmarkfg.com\/site\/our-story\/\">OUR STORY<\/a><a style=\"color: #2a5a6d;\" href=\"https:\/\/valmarkfg.com\/site\/our-story\/\"><br \/><\/a><a style=\"color: #2a5a6d;\" href=\"https:\/\/valmarkfg.com\/site\/services\/\">SERVICES<\/a><\/span><br \/><span style=\"color: #2a5a6d;\"> <a style=\"color: #2a5a6d;\" href=\"https:\/\/valmarkfg.com\/site\/member-firms\/\">MEMBER FIRMS<\/a><\/span><br \/><span style=\"color: #2a5a6d;\"> <a style=\"color: #2a5a6d;\" href=\"https:\/\/valmarkfg.com\/site\/innovations\/\">INNOVATIONS<\/a><\/span><br \/><span style=\"color: #002536;\"><br \/><\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; 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Member FINRA\/SIPC. Investment advisory services offered through Valmark Advisers, Inc., a SEC Registered Investment Advisor.<br \/>130 Springside Drive, Akron, Ohio 44333. (800) 765-5201.\u00a0<span style=\"color: #2a5a6d;\"><a style=\"color: #2a5a6d;\" href=\"http:\/\/www.finra.org\" target=\"_blank\" rel=\"noopener noreferrer\">FINRA<\/a><\/span> | <span style=\"color: #2a5a6d;\"><a style=\"color: #2a5a6d;\" href=\"https:\/\/www.sec.gov\" target=\"_blank\" rel=\"noopener noreferrer\">SEC<\/a><\/span> | <span style=\"color: #2a5a6d;\"><a style=\"color: #2a5a6d;\" href=\"http:\/\/www.sipc.org\" target=\"_blank\" rel=\"noopener noreferrer\">SIPC<\/a><\/span> |<span style=\"color: #2a5a6d;\"><a style=\"color: #2a5a6d;\" href=\"http:\/\/www.msrb.org\" target=\"_blank\" rel=\"noopener noreferrer\">MSRB<\/a>\u00a0<\/span> | \u00a0\u00a92026 Valmark Financial Group | All rights reserved.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;SECTION &#8211; Footer #2&#8243; _builder_version=&#8221;4.25.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#171717&#8243; custom_padding=&#8221;13px||13px||false|false&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221; locked=&#8221;off&#8221;][et_pb_row _builder_version=&#8221;4.25.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.25.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.25.2&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#616161&#8243; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Website Development: <a href=\"http:\/\/www.thinkmonsters.com\/\" target=\"_blank\" rel=\"noopener\" style=\"color: #616161;\"><strong>MONSTERS Unlimited<\/strong><\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; &nbsp; Our Goal is to Connect You To High Fair Market Offers On Your Life Settlement Through Our Auction Process &amp; Network of Providers &nbsp; &nbsp; &nbsp; &nbsp; Our Goal isConnecting You to High Fair Market Offers for Your Life Insurance PolicyConnecting You toHigh Fair Market OffersOn Your Life SettlementThrough Our Auction Process &amp; Network of Providers &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Our Goal isConnecting You to High Fair Market Offers for Your Life Insurance PolicyConnecting You toHigh Fair Market OffersOn Your Life SettlementThrough Our Auction Process &amp; Network of Providers &nbsp; Learn more by watching this two-minute video &nbsp; Your Best Interests AreAt The Heart Of All We DoYour Best Interests AreAt The Heart Of All We Do Your Best Interests Are At The Heart Of All We DoWe are an independent life settlement broker providing objective guidance, resources, and a competitive auction process to help you obtain competitive market value for a life insurance policy you no longer need or want. By connecting you to our network of the majority of leading life settlement providers, we help mitigate the risk of a single provider making a low offer for your policy. 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