Disclaimer
This document was last updated March 24th, 2008.
Life Policy Group plc (LPG) is
involved in the purchase and services surrounding the purchase
of US Life Settlement Policies. Please note that in states
requiring purchasers of life insurance policies in viatical
or life settlement transactions to be licensed providers, Life
Policy Group plc uses the services of a licensed provider, that
will negotiate the terms of, and consummate, all transactions
with policy owners or their authorized representatives, in
accordance with applicable law. Life Policy
Group plc are not investment advisors or agents,
brokers, fiduciaries or representatives for you or your clients.
and thus do not provide any legal, financial, insurance or
tax advice.
If someone sells a life insurance policy, they may lose
valuable life insurance benefits for themselves or their
beneficiaries, or their eligibility for certain other benefits
such as Medicaid or other government benefits or entitlements
may be reduced or affected.
There
may be alternatives to a person selling their policy, including the
ability to receive accelerated death benefits or policy loans. Decisions
made by your clients/persons should be made only with the assistance
and advice of their own legal, financial, insurance, tax and other
advisers as deemed necessary in order to obtain a full understanding
of the potential risks and ramifications thereof based upon the client’s/persons
particular circumstances.
Services offered by LPG are not available
in all states.
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