Questus Global Capital Market Ltd reports one billion in policies have been pledged to back their shares (QGCM)
Questus Global Capital Market Ltd reports one billion in policies have been
pledged to back their shares (QGCM) www.gxgmarkets.co.uk
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AMOUNT FACE AMOUNT $1,001,400.00
PORTFOLIO FACE VALUE $1,001,400.00
ASSIGNED and PLEDGED TO Questus Global Markets, LTD.
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All policies are meeting the criteria below:
* Â life insurance policy application
* life insurance policy
* annual policy statement for prior year
* premium optimization review (maybe performed post-purchase)
* Â life settlement application
* life settlement contract
* escrow agreement
* medical power of attorney
* authorization to receive death certificate
* designated contact form and letters
* permanent HIPAA access agreement by the insured
* irrevocable life insurance trust document allowing for the sale of the
policy
* physician competency letter (delivered at the time of the initial
settlement, if required)
* life expectancy reports prepared in connection with the initial life
settlement transaction
* current life expectancy report from approved list of companies
* current policy in-force illustration (as close to cost of insurance premiums
as possible)
* note's policy purchase agreement
* beneficiary and spousal waivers, as appropriate
* contact information for doctors, relatives, close friends
* full disclosure of fees and other payments at closing
* trustee resignations/transfer
* current verification of coverage
* full requirement for insured's cooperation in the future with medical record
information
* documentation of the identification of the parties to the transaction
including insured, brokers, providers, etc.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Questus Global Capital Market, Ltd. via Thomson Reuters ONE
[HUG#1677064]
