Why would I invest in other people's life insurance?

- Over 90% of all life insurance policies are Never claimed. They were either forfeited, surrendered, or the person just stopped paying their premiums. You are doing people a favor. Normally they are getting nothing for their policy, and you are offering them an option to recover some of their expenses.

What kind of guarantees are in place to protect my investment?

Insurance is a highly regulated industry. As long as the premiums are paid, the insurance company is contractually obligated to pay the policy death benefit at the insured's passing.

What kind of return can I expect?

The amount you will claim at policy completion is fixed, the cost is fixed, the only thing we can't guarantee is time. We have had claims made on policies before a premium payment was ever made. Generally speaking though, historically, you can expect a 14.3% or better ROI.

If I sell my policy, who sees my information?

The settlement team is the only ones that will know your identity. The purchaser of the policy will never know who you are. That is part of being compliant with state laws and regulations.

How much is my policy worth?

There are a lot of factors that go into determining a policy's value. The type of policy, the amount of the death benefit, if there is any cash value, your age, and your health all play a role in how much your policy is worth. What we do know, is that if you surrender your policy, it won't be worth anything. We will do our best to get you a fair and reasonable offer.

What is the process to sell my life insurance policy?

First we have a conversation to make sure selling your policy is the best option for you, then we review the policy, contact your insurance company to check the status, and then there is a medical history review. The whole process can take up to 90 days, but we can get you confirmation withing 2-3 weeks.

What kind of policies can I buy?

As an investor, you will have the option of buying Whole Life, Universal Life, Indexed Universal Life, or Variable Universal Life Policies. For the program to work, the policies you will be purchasing all will be Permanent Policies.

Is this a legal or regulated transaction?

Completely legal and highly regulated. With roots dating back to Lloyd's of London back in 1688, Life Insurance is one of the oldest established financial vehicles to help families maintain and grow wealth.

Why have I not heard of this before?
In the financial world, viatical settlements are a fairly new concept. They originated in the 1980's, but have only gained traction in the last 10-15 years. And the reality is, your life insurance company doesn't want you to know about these. They make more money if you let your policy lapse.

How quickly can I get paid if I sell my policy?

Sometimes in as little as 2 weeks. But plan for 3-4 just in case. Insurance companies aren't always so quick with the paperwork turnaround.

Why RIJ?
We are a very customer centric team with over 75 years of combined experience. We have seen piles of our clients' policies fall to the wayside because of escalating premiums, or because the reason they purchased the policy in the first place no longer existed. Why wouldn't you try to reclaim some of your policy premium payments?

And for our investors, you have one of the safest and most secure financial vehicles available to you, why wouldn't you want to secure your financial future with a product that historically produces 14% -18% and better returns?