Was reading the Life Settlement News and came across that 21st services has released a prescreen tool for Life Settlement Cases. Called the CLPR

The CLPR is a life expectancy evaluation that is based on information the client provides about their specific medical, family and personal history. They can provide that information in a guided phone interview with a representative of 21st Services OR they can provide it at our website, through an online questionnaire.

I believe this is a good service because it can save the cost of paying for a full life expectancy, also the turn around time is highly beneficial. The only problem I see, is that you will still need to purchase a life expectancy if the client fits your parameters. So now you have to pay for both the CLPR and the Life Expectancy report. Wouldn’t it be nice if 21st would deduct the costs of the CLPR in their life expectancy pricing? I guess we can’t have our cake and eat it too..

Read more and see a sample report here:
New Prescreening Tool for Life Settlement Cases

One of the key ingrediant to a successful life settlement transaction is the escrow process. We created an overview of a Life Settlement Escrow to help you understand how the process works. This overview is brief but shows how it is important for the policy owner or policy owners representation and the purchasing entity to have the proper documentation or obtain the proper documentation to assist in getting the file closed.

The escrow agent will monitor and review all documents to eliminate and reduce errors.

Read the full overview: Life Settlement Escrow

Call the Life Settlement Hotline at 1-888-823-7764 with any questions.

What is the current IRR levels that both individual and institutional investors are trying to achieve?

I did a little research and found:
According to Sanford Bernstein, investors of life settlements typically seek target IRR’s of 9% to 13%. However, some firms have promised as high as a 16% IRR on their investments, according to their ads and marketing pieces.

So if you are approached to invest in Life Settlements, and you are being offered return higher than the 13% range, it is important to do your due diligence.

That is all for now…