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Below is the latest news from CPS Settlements. For our complete archive, go to the CPS Settlements support site. Access to informative articles is also available.
 
Life Settlement Qualification

CPS Settlements has moved!

CPS Settlements has moved our offices effective immediately! We need more space to accomodate growth in both our client service and sales teams. Please update your records to reflect the new address listed below. All phone numbers and email address stay the same.

CPS Settlements
101 Montgomery Street
13th Floor
San Francisco, CA 94104

All New Life Settlement Small Face Amount Program

Policies with Face Amounts from $25,000 to $500,000 can now receive Life Settlement offers as easily as applying for "Simplified Issue Life!" One of Three Innovative Programs Available!

Backed by large institutional funding, the "SFP" program is a simple and fast way to include Life Settlements in your insurance practice! With just the application and illustration, your client can receive a competitive Life Settlement offer for qualifying policies!

  • No medical records or life expectancy report required!
  • Offer in 10 days or less!
  • Move to closing fast!
How is this possible?
  • Size of the Market - Policies of $25,000 to $500,000 comprise the vast majority of inforce policies. By targeting these policies, a large number of our producers should benefit from this program.
  • Ease of the Process - Attending Physician's Statements and Life Expectancy reports are not required to obtain an offer. Simply submit a special application and illustration, and that's it!
  • Tremendous Profits - The huge volume potential, combined with no out-of-pocket cost to obtain an offer, equals a highly profitable business.

For more Information on this program and two others like it, please contact:

Lloyd Silver, CLU, ChFC, CFP, CFA
E-mail: lloyd@cpssettlments.com
Phone: 415.369.9990 ext 111

Life Settlement Case Results in Over Three Times Cash Value

We recently closed a life settlement case that resulted in the policyowner receive over three times the cash value of the policy. The face amount of the universal life policy was $1,400,000 with cash value of approximately $125,000. On the final day of bidding, we were able to net nearly $560,000 for the client.

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