Lorene Collier & Carlos Trevino
Senior Account Managers

Welcom(e) Funds
Serving The Entire State of California

Lorene & Carlos are dedicated and committed professionals offering personalized, comprehensive customer service. They work hard for their clients and secure the highest possible offers for your Life Insurance policies. Lorene and Carlos work directly with senior clients as well as with insurance agents, financial planners, estate planners and attorneys. We pride ourselves on ensuring that weekly updates are provided to all parties during the Life Settlement transaction. Our affiliation with Welcom(e) Funds allows us to provide NO COST - NO OBLIGATION evaluations to Seniors and Financial Professionals throughout the United States of America.

Welcom(e) Funds is a licensed Life Settlement Broker. As a licensed broker, it is our responsibility to negotiate with licensed funding providers to obtain the absolute highest offers available for each and every one of our clients.

• Only 1 Application is required to receive multiple offers from the top funding sources in the industry! Welcom(e) Funds has relationships with ALL funding sources in the industry.
• We represent the best interests of the Policy Owner and Insured during the entire life insurance settlement transaction. It is our obligation to obtain the highest offer for our clients.
• There are never any fees to apply and there is absolutely no obligation to accept an offer from any of our funding sources.
• It is our goal to provide a quick, professional and hassle-free settlement process.
• All personal information obtained during the application process is strictly confidential.

By choosing to work with a broker to negotiate offers on your behalf, you have only one point of contact to follow up with regarding your application status. Also, your physicians and insurance company will only be contacted by one firm. It is quite common for medical records staff and customer service representatives to become overwhelmed and inconvenienced by multiple requests for the same information; which translates into considerable delays in the underwriting process.

• Reverse Mortgages

• Cash Out Loans

• Pre-Foreclosure Loans

"Life Settlements are transforming the way that the financial planning industry views life insurance. A once dormant future benefit is now recognized as a liquid asset with a present-day value."

Insurance Marketing Magazine

Whether you call it a Senior Settlement, Lifetime Settlement, or High Net Worth Transaction - Life Settlements have become a very important factor in the estate planning process for seniors.  Prior to the Life Settlement Industry, if a senior owned a policy that was no longer wanted, needed or affordable, there was no option but to lapse, cancel, or surrender the policy back to the carrier for the cash surrender value.  Life settlements allow qualified policy owners to liquidate a policy for an amount much higher than the cash surrender value.  Then, these seniors can take advantage of important financial opportunities using the proceeds of an unwanted, unaffordable or obsolete life insurance policy.

Today, with the advancement of Life Settlements as a mainstream financial product, Life Insurance Companies now face competition for the surrendered policies that they once monopolized.  The Life Settlement Industry has created a competitive secondary market for life insurance policies.  Consumers are now in the driver's seat, free to sell their policies in an open market for the highest available price, well above the cash surrender value offered by insurance companies.

BENEFITS TO POLICY OWNERS

• Relief of monthly premium expenses
• Additional funds to supplement retirement income
• Higher cash payout than the cash surrender value
• Funds to seek treatments not covered by health insurance
• Generate profit from a non-performing & often worthless asset
• Alternative funding for LTC policies, annuities or other investments

Welcom(e) Funds is a licensed Life Settlement Broker.  As a licensed broker, it is our responsibility to negotiate with licensed funding providers to obtain the absolute highest offers available for each and every client.

• Only 1 Application is required to receive multiple offers from the top funding sources in the industry!

• We represent the best interests of the Policy Owner and Insured during the entire life insurance settlement transaction.  It is our obligation to obtain the highest offer for our clients.

• There are never any fees to apply and there is absolutely no obligation to accept an offer from any of our funding sources.

• It is our goal to provide a quick, professional and hassle-free settlement process.

• All personal information obtained during the application process is strictly confidential.

By choosing to work with a broker to negotiate offers on your behalf, you have only one point of contact to follow up with regarding your application status.  Also, your physicians and insurance company will only be contacted by one firm. It is quite common for medical records staff and customer service representatives to become overwhelmed and inconvenienced by multiple requests for the same information; which translates into considerable delays in the underwriting process.

Welcom(e) Funds negotiates offers with every potential funding company in the Life Settlement market to ensure that our clients receive the absolute highest offer that is available in the industry.  Below is the short version of the negotiation process that WFI experiences on most Life Settlement transactions:

As you can see, the offers made by Life Settlement Funders can vary greatly.  There is absolutely no benefit if you work with only one Funder or even three for that matter.  In this case, even Funder # 7, who had the highest original offer, raised their bid by $20,000.

The Broker's Power of Negotiation Yields Higher Offers.

CASE STUDIES

Term Conversion:

Mr. Wilson's 20-year term policy was reaching its conversion deadline. He was now 79 and was recently diagnosed with coronary artery disease. Mr. Wilson could not afford to convert the policy and letting his $250,000 policy lapse would leave him nothing.

Mr. Wilson applied to Welcom(e) Funds and his policy was sold for $75,000. Mr. Wilson was able to recover all of the premiums he had paid into the policy, plus a handsome profit. He used the proceeds to pay off some debts, go on vacation, and add more funds to his retirement portfolio.

Unplanned Health Change:

Dave was 76 and had just suffered a heart attack, which left him permanently disabled. His family was unprepared for this unfortunate turn of events. After learning of the Medicaid requirements and the cost of a care facility, the family was unsure how they were going to pay for his care.

Fortunately, the staff at the care facility offered the life settlement option to Dave's family when they found out about his $500,000 insurance policy. The family soon sold that policy for a $250,000 settlement, and eliminated the premium payments. These funds covered the three years Dave resided in the facility before his passing. The remaining cash was distributed to Dave's original beneficiaries.

Additional Insurance Needed:

An elderly couple had a $2.2 million policy held in an insurance trust that covered the wife. Due to savvy investing decisions, their estate had increased considerably and now the death benefit on the policy was inadequate. The premiums on this policy were also escalating and the policy was becoming outdated.

Their estate planner decided to sell the policy to help fund the purchase of a $4 million dollar joint survivorship policy. Welcom(e) Funds was able to negotiate a $440,000 purchase price. Since the husband was in perfect health, the premiums on the survivorship policy were very affordable, even lower than the original policy.

Key-Man:

A company owns a $4 million dollar policy on an executive who had retired 4 years prior. The surrender value was $440,000 and since the company no longer wished to make the $80,000 p/y premium payments, a surrender was being considered.

Their financial advisor immediately recommended a life settlement. The company was offered $880,000 for the sale of the policy and netted $800,000 after taxes, almost doubling the cash surrender value!

* In this case, the surrender value in the policy was lower than the $480,000 cost basis. Therefore, there was a capital gains tax of $80,000 on the $400,000 income generated (the difference between the settlement amount and the cost basis).

 Lorene & Carlos can be contacted
 by phone or email.
 Email: cashout@insurer.com
 Toll free 1.866.520.8901

. . . . or submit the form below, indicate your needs and we will contact you to let you know how we will help you.