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  • No Lapse Garuantee

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    A No Lapse Guarantee (NLG) Policy has a secondary account that can be used to pay premiums, ensuring the policy does not lapse. Each NLG policy requires unique pricing as charges are calculated separately from minimum insurance costs. Accurately valuing a NLG policy for a life settlement requires additional documentation like policy copies, premium histories, and annual statements, as the NLG feature can sometimes significantly increase a policy's value.

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    A No Lapse Guarantee (NLG) Policy has a secondary account that can be used to pay premiums, ensuring the policy does not lapse. Each NLG policy requires unique pricing as charges are calculated separately from minimum insurance costs. Accurately valuing a NLG policy for a life settlement requires additional documentation like policy copies, premium histories, and annual statements, as the NLG feature can sometimes significantly increase a policy's value.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    19 views1 page

    No Lapse Garuantee

    Uploaded by

    api-323746328
    A No Lapse Guarantee (NLG) Policy has a secondary account that can be used to pay premiums, ensuring the policy does not lapse. Each NLG policy requires unique pricing as charges are calculated separately from minimum insurance costs. Accurately valuing a NLG policy for a life settlement requires additional documentation like policy copies, premium histories, and annual statements, as the NLG feature can sometimes significantly increase a policy's value.

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    © All Rights Reserved
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    MAGNA LIFE SETTLEMENTS

    WHAT IS NO LAPSE GARUANTEE?


    A No Lapse Guarantee (NLG) Policy can be a great candidate for a
    settlement. NLG means that the policy has a secondary or shadow
    account that can be used for premium optimization. No Lapse Guarantee policies are all different and each requires a unique pricing model.
    The charges for these accounts are calculated independently of the
    minimum cost of insurance. Accurate NLG premium calculation requires
    additional documentation including policy copy, premium history, and
    an annual statement. In some instances, NLG can significantly increase
    the value of a policy.

    +
    Policy Copy

    Premium History

    Annual Statement

    For more information on a No Lapse Garuantee Policy:


    Call: (888)-996-2475
    Email: info@magnalifesettlements.com

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