Global Life Solutions

 

“Life Settlement Solutions You Can Trust”

 

Insured’s Age

Male 69 or less/ Female 71 or less……..1

Male 70-75/ Female 72-77 ……………..2

Male 76-81/ Female 78-83……………...3

Male 82-87/ Female 84-89……………...4

Male 87 or Older/ Female 89 or Older....5

Insured’s Medical Condition

Healthy senior………………………………….1

Minor Health Problems(Table Rate up to 4)….2

Serious Health Problems( “ “5)………………3

Very Serious Illness (Uninsurable)…………..4

Insured’s Policy Type

Whole Life……………………….1

Survivorship……………………..2

Term-Non Convertible…………2

Term- Convertible……………....3

Universal………………………...4

Survivorship with 1 Deceased…..4

 

Policy Loan Amount (% of Coverage Amount)

31% or more…..1

21%-30%...........2

11%-20%...........3

0%-10%.............4

Cash Surrender Value (% of Coverage Amount)

31% or more…..1

21%-30%...........2

11%-20%...........3

0%-10%.............4

Annual Premiums (% of Coverage Amount)

4% or more……..1

3%-4%..................2

2%-3%..................3

1%-2%..................4

                Total Score

 

Please enter the appropriate score in each of the boxes provided for questions 1 through 6. Add the points in order to determine the insured’s Life Settlement potential

Life Settlement Qualifier

LIFE SETTLEMENT SCORE

CONTACT INFORMATION

Name of Submitting Agent

 

 

 

Agent Phone Number

 

 

 

Agent Email

 

 

 

Insured Name

 

 

Policy Issue Date

 

 

 

Policy Maturity Date

 

7 or less – Very Unlikely – Please call to discuss

8-13 – Unlikely – Please call to discuss

14-19 – Likely – Call to proceed

20-25 – Highly Likely – Call to proceed

Required Documents Checklist

Insured’s Name :

SS#:

Agent’s Name:

Agent’s Phone #:

Agent’s Email:

Thank you for choosing Global Life Solutions LLC. In order for us to determine the value of the policy in the secondary market, we will need the following information:

 

1. Copy of insured’s driver license or an equivalent government issued ID

 

2. Illustration showing zero cash value at maturity as applicable

    A. Universal Life Policy- show minimum premium payments

    B. Term Policy- submit current premium schedule and a conversion                       illustration to a permanent policy showing minimum premium payments

    C. Whole life- run a vanishing premium illustration

 

3. Medical records for last 2 years including family history. 

                                               

4. APS’s should not be older than six months

 

5. Authorizations to release medical records and policy information

 

     6. If applicable, copies of all bankruptcy discharges.

 

      7. If applicable, copies of all divorce decrees.