nexus solutions offers a financial insurance product that may benefit gift giving seniors, foundations, and other charitable organizations. This product enables qualified seniors to potentially increase their net worth and make meaningful donations to charities during their lifetime.
Insurable individuals between the ages of 68 and 85 with minimum net worth, and in reasonably good health qualify for the program. If qualified, medically and financially, an application is completed and sent to an insurance company, and the applicant may select the policy with the best coverage and optimal premium.
Frequently Asked Questions
What companies are involved in the Life Settlement market?
How is value created?
How is it financed?
What are the risks to the Insured?
What type of payout can I expect if my policy is sold in the Life Settlement market?
Who qualifies for the program?
What is the process to implementation?
The process is simple. The first step in the process is to fill out an application. This is a pre-application and provides nexus solutions with sufficient information to reasonably evaluate potential candidates.
Within approximately four to six weeks, nexus solutions will make a preliminary determination as to the applicant's qualifications. We use a proprietary valuation model to analyze competing policies offered by different life insurance providers. Our acceptance of an applicant is based on identifying potential policies that offer significant opportunities. If approved and the Insured elects to proceed, the transaction can be concluded in as little as 3 weeks from that point. The actual closing will only require an hour or so of the Insured and their nominated Trustee's time.
