Understanding Policy Brokerage
The life settlement market is one of the
fastest growing segments of the financial services industry.
This is being
driven by senior policy owners' growing awareness that their
life insurance policy is an asset that can now be sold in
a competitive marketplace. This growth is further fueled
by a domestic and international institutional investment
community that now views life settlements as a legitimate
and attractive new asset class that provides non-correlated
rates of return for their investment portfolios.
Chesapeake specializes in representing
the policy
owners and helping them navigate this constantly
evolving market to ensure that they always get the highest
possible offer for their life insurance policy.
Chesapeake has relationships with over two
dozen life settlement providers (entities licensed to purchase
policies) and we
are constantly developing new relationships with emerging
market participants. Since providers have varying capabilities
or interest in purchasing policies with certain face amounts,
life expectancies, or policy types, our broad network of
funding sources ensures that we can generate the highest
competitive offers on all qualifying policies.
Additionally, Chesapeake’s proprietary
Life Policy Value Analysis program allows us to perform
internal calculation of anticipated investor returns on purchased
policies so we can more effectively drive a competitive
bidding
process.
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