Life Partners is a Private Equity Pension Fund investing in Life Settlement Portfolios with its concentration on an extremely high Mortality and Morbidity Rate in conjunction with a minuscule Life Expectancy designed to eradicate the possibility of Risk, therefore maximizing Investors Return.
A Life Settlement is the sale of an existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit.There are a number of reasons that a policy owner may choose to sell his or her life insurance policy. The policy owner may no longer need or want his or her policy, he or she may wish to purchase a different kind of life insurance policy, or premium payments may no longer be affordable.Policy owners often learn about settling their policies from a financial planner or advisor, insurance broker, attorney, friends or family, or estate planning presentations.
Life Partners is engaged in the business of transacting Life Settlements for Insureds who have been diagnosed with a Chronic or Terminal medical illness and a Life Expectancy between 30 days to 12 months. Life Partners Portfolio is comprised of Policyowners diagnosed in arrears of Cancer at 48%, HIV at 33%, End Stage Renal Disease at 11% and Hepatitis at 8%. Our Life Expectancy Reports are indicative predictors in assessing the mortality of these pools with a survivorship in arrears of 120 days at 75%, 30 days at 12%, 12 months at 11%, and 2 years at 2 % respectively.
Our two other funds, the $165 million Prospect Partners II, L.P., and our $105 million debut vehicle, closed in closed in June, 2004, and August, 1998, respectively.
© 1998-2016 Life Partners. All rights reserved.
200 West Madison Street • Suite 2710 • Chicago, IL 60606
312.782.7400(ph) • 312.782.7410(fx)