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.

In today's episode, we are going to look at a Billion Dollar Blueprint that Banks use to safely and systematically grow their wealth. For decades now big banks have been tapping into the wealth growing power of the life insurance industry. Along with their ability to generate wealth comes the safety of having hundreds of years of experience. Today we will lift the curtain and show you what the big banks are doing to safely grow their money. Life Settlements have generated banks billions of dollars by buying equity versus trying to grow it.

If you are interested and wanted to learn more about this investment and how you as an accredited investor can now also invest like the big banks to, you can access a webinar at www.thepenumbraplan.com.

My guest in this episode is Kevin Nichols. Kevin is the managing partner at Penumbra Solutions. Penumbra Funds invest in hundreds of Senior Life Settlement insurance policies. With a target yield in the low double digits, no market risks, no premium calls, professional management, and funds locked up safely in escrow, this might be the best investment you have never heard of!

Check out the free webinar at www.thepenumbraplan.com

This episode was originally published as Episode 213, and again I think this will provide so much value for old and new listeners, that is why I decided to republish it. You can learn more from life settlements in episode 118, 213, 299 and 401.

If you are interested in joining our investor's group, you can go to cashflowninja.com/investorsgroup and fill out an application form or e-mail me at [email protected] to start the discussion to see if you are a good fit for our group.

If you are in the Philadelphia/Bucks County and Southern New Jersey area, we are hosting a live investors meetup event every month in Newtown, PA. For more information on the monthly event and information on how to join us at our next event, you can go to www.cashflowninja.com/events.   I am speaking at the  Multifamily Investor Nation Summit, coming up on June 27th thru the 29th?  It’s a three-day information packed event for multifamily investors, with over 1,000 attendees and over 50 speakers!  You will hear from experts about finding deals, raising capital, underwriting strategies, selecting markets, and so much more!  To access the event you can go to apartmentevent.com to grab your ticket and use promo code NINJA to get $100 off!

Interview Links:

Penumbra Plan

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