Policy Settlement

National Resources, Local Service

Search

• Process
• Players
• Blog
• Q & A
• About

Instant Life Insurance Quotes

Start LIFEpdq Here

State: Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Dist.Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico NY Non-Bus NY Business North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Guam Puerto Rico Virgin Islands Amer. Samoa

Birthdate: January February March April May June July August September October November December 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1910 1911 1912 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

Gender: Male Female

Smoker/Tobacco: Yes No

Health Class: Preferred Plus Preferred Regular Plus Regular

Type of Insurance: 10 Year Level Term 15 Year Level Term 20 Year Level Term 25 Year Level Term 30 Year Level Term To Age 100 Level To Age 121 Level (No Lapse U/L)

Face Amount: $10,000 $25,000 $50,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000 $650,000 $700,000 $750,000 $800,000 $900,000 $1,000,000 $1,100,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,500,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000

  Compare Now

Instant Life Settlement Estimates

Start LIVEpdq Here

State: Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Birthdate: January February March April May June July August September October November December 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1910 1911 1912 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

Gender: Male Female

Smoker/Tobacco: Yes No

Health at Purchase: Do not know Same or worse as now Somewhat better than now Significantly better than now

Type of Insurance: Convertible Term Last To Die with 1 insured deceased Universal Life Whole Life

Face Amount: 250,000 300,000 350,000 400,000 450,000 500,000 550,000 600,000 650,000 700,000 750,000 800,000 850,000 900,000 950,000 1,000,000 1,050,000 1,100,000 1,150,000 1,200,000 1,250,000 1,300,000 1,350,000 1,400,000 1,450,000 1,500,000 1,550,000 1,600,000 1,650,000 1,700,000 1,750,000 1,800,000 1,850,000 1,900,000 1,950,000 2,000,000 2,050,000 2,100,000 2,150,000 2,200,000 2,250,000 2,300,000 2,350,000 2,400,000 2,450,000 2,500,000 2,550,000 2,600,000 2,650,000 2,700,000 2,750,000 2,800,000 2,850,000 2,900,000 2,950,000 3,000,000 3,050,000 3,100,000 3,150,000 3,200,000 3,250,000 3,300,000 3,350,000 3,400,000 3,450,000 3,500,000 3,550,000 3,600,000 3,650,000 3,700,000 3,750,000 3,800,000 3,850,000 3,900,000 3,950,000 4,000,000 4,050,000 4,100,000 4,150,000 4,200,000 4,250,000 4,300,000 4,350,000 4,400,000 4,450,000 4,500,000 4,550,000 4,600,000 4,650,000 4,700,000 4,750,000 4,800,000 4,850,000 4,900,000 4,950,000 5,000,000 5,050,000 5,100,000 5,150,000 5,200,000 5,250,000 5,300,000 5,350,000 5,400,000 5,450,000 5,500,000 5,550,000 5,600,000 5,650,000 5,700,000 5,750,000 5,800,000 5,850,000 5,900,000 5,950,000 6,000,000 6,050,000 6,100,000 6,150,000 6,200,000 6,250,000 6,300,000 6,350,000 6,400,000 6,450,000 6,500,000 6,550,000 6,600,000 6,650,000 6,700,000 6,750,000 6,800,000 6,850,000 6,900,000 6,950,000 7,000,000 7,050,000 7,100,000 7,150,000 7,200,000 7,250,000 7,300,000 7,350,000 7,400,000 7,450,000 7,500,000 7,550,000 7,600,000 7,650,000 7,700,000 7,750,000 7,800,000 7,850,000 7,900,000 7,950,000 8,000,000 8,050,000 8,100,000 8,150,000 8,200,000 8,250,000 8,300,000 8,350,000 8,400,000 8,450,000 8,500,000 8,550,000 8,600,000 8,650,000 8,700,000 8,750,000 8,800,000 8,850,000 8,900,000 8,950,000 9,000,000 9,050,000 9,100,000 9,150,000 9,200,000 9,250,000 9,300,000 9,350,000 9,400,000 9,450,000 9,500,000 9,550,000 9,600,000 9,650,000 9,700,000 9,750,000 9,800,000 9,850,000 9,900,000 9,950,000 10,000,000

  Estimate Now

Get lightning fast results... without sacrificing privacy!

Life Settlement Glossary

G

general account

An non-segregated account life insurance companies use to maintain funds from guaranteed insurance products such as whole life or fixed universal life.

grace period provision

For whole life insurance, the 31 day period following the premium due date during which past premiums can be paid without penalty or loss of coverage. For universal life insurance, generally a 60 day period starting from the time the cash value is no longer sufficient to support the current monthly deduction. For both policy types, coverage stays in force during the grace period, but may lapse if additional premiums are not paid before the grace period expires.

graded premium policy

A kind of modified-premium whole life policy that calls for increasing premiums that rise at specific points in time until ultimately reaching a level premium that remains unchanged for the remaining duration of the policy.

GRAMM-LEACH-BLILEY ACT

Financial services legislation that was passed by Congress in 1999 to allow banks, insurance companies and securities firms to engage in each others' activities and own each other.

grantor trust

A type of trust that is created by a trust agreement and not a will and may allow the creator of the trust to control the trust property to the extent they (and not the trust) are taxed on the property's income.

gross premium

The total premium paid into a policy before deducting expense charges (universal life) or receiving back dividend credits (whole life).

gross return

Generally a term for variable universal life meaning the long-term average return assumed before deducting management fees and expenses.

group permanent life insurance

Permanent (cash value) life insurance that is made available to members of a group, often on a contributory basis.

group term life insurance

Term (temporary) life insurance that is provided and/or made available to members of a group, either on an employer pay-all basis, a contributory basis, or a combination of the two.

guaranteed insurability option

A life insurance policy rider that allows the policy owner to purchase of additional coverage on the life of the insured at specific ages or the occurrence of certain life events. The additional coverage is based upon the age of the insured when the option is exercised, but does not require the insured to provided medical or other underwriting evidence of insurability.

guaranteed-issue insurance

Life insurance that usually does not require any type of individual medical, avocational, or financial underwriting and is offered to all eligible members of a specific group who apply and meet required conditions of eligibility.

guaranty fund

A state-by-state fund supported by solvent insurance companies to help offset losses of the policyholders of failed insurance companies operating in that state.

guideline premium

A term applying to universal life policies indicating the maximum allowable premium payable that will still allow the policy be taxed as life insurance instead of an investment under Federal tax guidelines.

Copyright © Policy Settlement • 115 South Cedar Street – Rushville, IL 62681 • 217–322–4361 • All rights reserved.