Life settlements have been a consumer option for
more than 10 years. However most insurance agents, professional
advisors and policy owners are only beginning to learn that existing
life insurance policies may contain hidden value. Life Insurance
Global through its strategic life settlement partner, Morton P.
Greenberg, JD, CLU have been actively involved in maximizing the
value of its life insurance clients’ policies for more than
10 years. When Life Insurance Global realized the value that life
settlements would be to its clients, it searched for a national
prominent expert in this new emerging field with an extensive life
Greenberg is a wholesale Life Settlement Broker, nationally brokering
since July 1998 to purchasers funded by financial institutions.
He specializes in Life Settlements and is recognized both as an
expert and pioneer in this emerging field. His articles on the subject
have appeared in publications including Estate Planning and The
Colorado Lawyer. For a number of years he was the Director, Counsel/Consultant
for Advanced Underwriting for Manulife Financial (parent of John
Hancock Life insurance Company). Mort is listed in Who’s Who
in America and is a member of the Board of Advisers of Keeping Current.
His more than 700 speaking engagements at meeting and institutes
in almost every major city in the US include AALU, the International
Forum and Top of the Table. He is responsible for the “Greenberg
to Greenberg” letter that established the generally accepted
method used to calculate the economic benefit arising from second-to-die
(survivorship) split dollar insurance arrangements.
worked on hundreds of successful life settlement transactions, the
ability to evaluate policies to determine whether any hidden value
exists has been honed to an art form. Because of an extremely high
submission to offer ratio the financing sources have come to appreciate
the quality of the policies submitted for evaluation. Additionally,
having developed a track record for shepherding cases to a successful
conclusion there is more interest in our policies than usually is
extended by the secondary market. This enables us to maximize the
value of the policies and the purchase price the seller receives.
philosophy has always been to offer total transparency to the process.
All offers and compensations received for our efforts are disclosed
.Our approach and our expertise has positioned us to be one of the
most creditable life settlement brokers in the market. Our goal
is to maximize the value of our clients’ policies and to determine
whether it is in their best interest to retain or sell them.