88% of Universal Life and 99% of Term Policies do not result in a payout of the Death Benefit.* This occurs because most policy owners decide they don't want, don't need or can't afford their policy. Let us help you get on the right side of that equation.
Melville Capital is a Life Settlement Broker focused on monetizing and liquidating existing Life Insurance Policies in Insolvency matters where the policy has become unwanted, unneeded or too expensive to maintain. We are focused on generating substantial cash flow to individuals/companies in transition, policy owners, Turnaround and Bankruptcy advisors, and Trustees.
We represent the policy owner, insured and referral source in negotiating and accepting bids from competing Institutional Investors. We handle all aspects of the transaction delivering a lump sum cash settlement that is often 2-5x the cash surrender value and relieving the policy owner of all future premium payments.
What to Look For:
***Many COLI Policies are Term, and as such, there may be significant hidden value in these "no cash value" policies.
Corporate Application of Life Settlements
Companies often have changing circumstances and/or Executive/Owner turnover, making Key-Person life insurance policies or policies used to fund a buy/sell agreement moot.
Change of circumstances include:
Potential Benefits to the Company/Client:
Life Settlements for Restructuring or Bankruptcy: