Secondary Life Capital, LLC
Secondary Life Capital, LLC, is a well respected licensed life settlement provider that has been purchasing policies from senior life insurance policy holders since 1993 on a nationwide basis. The purchase transaction occurs through the senior insured’s agent or broker on behalf of Secondary Life Capital’s institutional investors or for related retail investments and funds.
Secondary Life Capital underwrites each policy within its purchasing guidelines using life expectancy reports provided by industry leading third party medical underwriters, insurance carrier provided illustrations/policies and industry standard actuarial software. The Secondary Life Capital investment team is comprised of a diverse group of life insurance professionals and life settlement specialists that can effectively evaluate the investment value of insurance policies, facilitate a life settlement transaction and rapidly and securely effect an ownership change. In addition to determining the economic value of each policy, transactions are closely scrutinized to determine any insurability concerns or potential fraudulent origination issues. Secondary Life Capital upholds industry best practices and strictly adheres to The Peninsula Group’s due diligence guidelines. Generally, policies purchased have a death benefit of between $500,000 and $10,000,000 and may be universal life, variable life, whole life or converted term policies.