Kevin purchased a 10-Year level term policy at age 58 to provide his family with some financial security. The expiration date was fast approaching and William's medical bills were mounting. In need of some financial relief, Kevin was contemplating canceling the policy.

Thankfully, Kevin's wife reached out to Welcome Funds to see if the policy had any life settlement value. It did. Based on Kevin’s age and health, Welcome Funds secured William and his wife $30,000, which is certainly better than lapsing the policy for $0.00.

Policy's Insured	Male | Age 66
Health Status	Poor
Policy Type	Term Life Policy
Face Amount	$100,000
Annual Premium	$5,799
Surrender Value	$0

Life Settlement Payout $30,000

Scott purchased a $6M 10-year term policy at age 59 to protect his family and business interests. A decade later, approaching the term conversion deadline, Scott was facing a $148,000 annual conversion premium. He did not want to pay this much for coverage. He spoke with his advisor who recommended looking into the life settlement option. Based on his significant health history, he told Scott he could “probably get $1M bucks.” Scott was thrilled.

They contacted Welcome Funds and experienced the power of the firm’s auction platform. Scott received 25+ offers and was overwhelmed when he ended up receiving $2,650,000! He is enjoying his retirement with plenty of cash in the bank. Both Scott and his advisor who was paid on the conversion are extremely happy.

Policy's Insured	Male | Age 69
Health Status	Poor
Policy Type	Term Life Policy
Face Amount	$6,000,000
Annual Premium	$148,000
Surrender Value	$0

Life Settlement Payout $2,650,000

Janet owned a 20-year term life insurance policy that was expiring within a year. Unfortunately, she could not afford to convert the coverage to a permanent policy. So, just like most term life insurance consumers, she was about to let her term policy lapse and receive $0!

Thankfully, Janet learned about the option to sell her policy and contacted Welcome Funds. And she is sure glad she did! Janet received $121,500…instead of $0! Just like a home or car, a life insurance policy may be a valuable asset that can be sold for cash in a regulated secondary market. With a cash life settlement from Welcome Funds, Janet now has some relief from the financial stress of mounting medical bills.

Policy's Insured	Female | Age 68
Health Status	Poor
Policy Type	Term Life
Face Amount	$450,000
Annual Premium	$28,820
Surrender Value	$0

Life Settlement Payout $121,500

After paying premiums on his life insurance policy for years, Larry’s liquidity needs and health changed significantly. Times were tough, so to maintain his savings, Larry decided it was best to lapse the coverage. Thankfully, Larry’s advisor contacted Welcome Funds during the policy's grace period to determine if the policy had any value in the secondary market.

After an initial analysis, it was evident that Larry was an excellent candidate for a life settlement. Welcome Funds negotiated multiple bids and secured a purchase price of $173,005! Larry used the proceeds from the settlement to pay for costly treatments and to maintain his quality of life, stress-free. The advisor not only earned a well-deserved commission but also receives client referrals from Larry and his family as appreciation for his brilliant recommendation!

Policy's Insured	Male | Age 74
Health Status	Poor
Policy Type	Group Universal Life
Face Amount	$500,000
Annual Premium	$10,856
Surrender Value	$0

Life Settlement Payout $173,005

Mark bought an individual $2M Lincoln National Universal Life policy in 2017 (at age 78). Due to financial constraints, he could no longer afford the $104,330 annual premium to maintain the life insurance policy. Unfortunately, reducing the Death Benefit was not a consideration because there was very little cash in the policy.

Mark thought he needed to surrender the life insurance policy for $4,811. When he asked his financial advisor to send him the surrender paperwork, the advisor suggested the life settlement option and Welcome Funds. Mark realized that anything above his surrender value would be a victory. It certainly was, in a big way.

Policy's Insured	Male | Age 78
Health Status	Good
Policy Type	Universal Life
Face Amount	$2,000,000
Annual Premium	$104,330
Surrender Value	$4,811

Life Settlement Payout $250,000

Mr. Williams purchased $10 Million in life insurance coverage in 2001 to provide his family with financial security. Over time, his financial priorities changed: his wife passed away, his children became financially independent, financial burdens arose and the estate tax exemption increased substantially. Therefore, the coverage was no longer needed and surrender was being considered. Fortunately, his advisor was aware of a more beneficial exit strategy, the ability to sell life insurance policies in a regulated secondary market.

He presented Mr. Williams with a pre-market policy valuation report from Welcome Funds that estimated the market value to be substantially higher than the $275,485 surrender value. They were both shocked at the difference. Although Mr. Williams had never heard of a life settlement, he embraced the process, and well, the result – a difference of $4,467,51 - speaks for itself!

Policy's Insured	Male | Age 86
Health Status	Heart Disease
Policy Type	Universal Life
Face Amount	$10,000,000
Annual Premium	$445,114
Surrender Value	$275,458

Life Settlement Payout $4,743,000

Ronald purchased a $300,000 Universal Life policy back in 1999 to provide his wife with financial security. Unfortunately, after 20+ years, Ronald could no longer afford the premium payments as his healthcare costs were mounting. One day, while watching the evening news, Ronald saw a TV commercial from a direct buyer, called a life settlement provider, about selling a life insurance policy for cash. Ronald decided to call the direct buyer and after weeks of waiting, he was offered $10,000 for his $300,000 policy. Ronald said, “no way,” and decided to investigate other alternatives.

Ultimately, Ronald decided that a life settlement broker, who would contact multiple companies to maximize the purchase price, would be his best option. After extensive research, he chose Welcome Funds. Welcome Funds conducted a transparent auction securing a total of 22 offers. In the end, Ronald received a check for $64,800, 548% more than the offer extended by the direct buyer!

Policy's Insured	Male | Age 69
Health Status	Fair
Policy Type	Universal Life
Face Amount	$300,000
Annual Premium	$21,442
Surrender Value	$749

Life Settlement Payout $64,800

Margie purchased a 20-year level, convertible Term life insurance policy at age 48 to provide her daughter with financial security. Twenty years later, the term premium was set to increase dramatically and Margie's family could not afford to maintain the term life policy. Margie decided to explore a life settlement after seeing a TV commercial. She contacted one buyer directly, called a life settlement provider, but felt the $20,000 offer she received was low given her deteriorating health.

Thankfully, Margie reached out to Welcome Funds to obtain a second opinion. Welcome Funds conducted a transparent auction securing a total of 16 offers from multiple life settlement providers (buyers). In the end, Margie was paid $54,000, a 170% increase compared to the offer she received initially, and was able to assist her daughter with a down payment on a new house.

Policy's Insured	Female | Age 68
Health Status	Fair
Policy Type	Term Life
Face Amount	$500,000
Annual Premium	$23,880
Surrender Value	$0

Life Settlement Payout $54,000

Jerry purchased a $500,000 Universal Life policy seven years ago to provide his wife with “peace of mind.” Unfortunately, he could no longer afford the premium payments and contemplated letting the policy go. Jerry’s wife saw a TV commercial from a direct buyer, called a life settlement provider, about selling a life insurance policy for cash.

Jerry decided to call the direct buyer and after waiting several months, he was offered $30,000 for his policy. Jerry was skeptical and thought the purchase price was low given his age and health history. He then contacted Welcome Funds, “just to be sure.”

Welcome Funds conducted a transparent auction securing a total of 10 offers. In the end, Jerry and his wife received a check for $100,000, 233% more than the offer from the direct buyer!

Policy's Insured	Male | Age 78
Health Status	Fair
Policy Type	Universal Life
Face Amount	$500,000
Annual Premium	$20,794
Surrender Value	$13,794

Life Settlement Payout $100,000

A small business was filing for bankruptcy and its assets were being reviewed. The company’s financial advisor helped the partners identify the value, which they did not know existed, contained in its key man life insurance coverage. The advisor recommended that Welcome Funds appraise the policy. The business decided to maintain the coverage so that the life insurance policy could be sold as a life settlement, instead of letting it lapse for $0.

The proceeds from the sale of the life insurance policy paid off creditors and finalized the bankruptcy settlement. The partners were able to address their much needed liquidity needs and move on with their lives.

Policy's Insured	Male | Age 77
Health Status	Fair
Policy Type	Universal Life
Face Amount	$1,500,000
Annual Premium	$74,000
Surrender Value	$0

Life Settlement Payout $187,000

After seeing an ad from a direct buyer on TV, Dave was surprised to learn that his life insurance policy could be sold for a cash payment. Dave contacted the direct buyer who offered him $43,000. Before proceeding with that offer, Dave contacted his CPA to see if this was in his best interest.

The CPA recommended he receive a second opinion and contacted Welcome Funds. Dave quickly learned that several other buyers were willing to extend offers on his policy as well. Thanks to the auction platform of Welcome Funds, Dave received almost double the amount he was initially offered by the direct buyer, thereby maximizing the value of his policy.

Policy's Insured	Male | Age 88
Health Status	Fair
Policy Type	Universal Life
Face Amount	$300,000
Annual Premium	$36,000
Surrender Value	$0

Life Settlement Payout $81,005