Portfolio Management

So long as notification of a maturity (death of insured) has not occurred, the designated disbursement agent will pay all due policy premiums. Life Settlement Solutions Inc., works with the trustee to make sure policy premiums are paid timely in amounts commensurate with maximizing the return on the policy. Life Settlement Solutions Inc., also offers portfolio database management services and periodic reporting of portfolio assets and characteristics.

Life Settlement Solutions LLC will notify the investor regarding amounts and timing of premium payments as a precautionary risk control measure. In addition, Life Settlement Solutions Inc., monitors the policies to ensure timely premium payments, obtaining a confirmation from the insurance carrier verifying that payment was received and applied to the appropriate policy account.

Statutory and policy provisions require insurance companies to send written notice to the policy owner before coverage lapses due to non­payment of premiums. This provides a tertiary method of protection. The investor's designated custodian of the life policies receives such notices directly.

When an insured individual dies, a request for a copy of the death certificate is made to the insured's next of kin or directly to the appropriate governmental agency. Death certificates are typically obtained in less than two weeks. Once the death certificate is received, Life Settlement Solutions Inc., prepares a claim package for submission to the carrier to request payment of the policy death benefits. Life Settlement Solutions Inc., then monitors collection status until the investor receives the face value of the policy.