Life Asset Group


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The following are unsolicited, unpaid endorsements

Age/Sex: 78/Female
Policy Type: Universal Life
Face Amount: $3,000,000
Cash Value: $18,000

Life Settlement: $597,000

"I received a free appraisal to learn the current market value of my policy. I didn’t realize it had significant value while I was still living. When I retired, it became difficult to keep paying premiums on a policy. Life Asset Group negotiated top dollar for my policy. I was able to receive $597,000 on my $3 million life insurance policy. This was the best option for me because the cash value was only $18,000. I was able to use part of the settlement amount for more appropriate coverage in a Survivorship policy."

–Eleanor S.

Age/Sex: 74/Female
Policy Type: Survivorship
Face Amount: $1,000,000
Cash Value: $67,000

Life Settlement: $204,00

"I’m a 74-year widow without any living children. I no longer had a need for my policy and I wanted to take a trip to Alaska. Life Asset Group was able to sell my $1 million insurance policy for $204,000! My alternative was to surrender the policy for its cash surrender value of $67,000. I'm now covered with LT care and leaving on my trip next week."

–Matilda A.

Age/Sex: 75/Male
Policy Type: Key-Man
Face Amount: $5,000,000
Cash Value: $0

Life Settlement: $900,000

"With Life Asset Group, I was able to turn my term life insurance policy into cash while my personal information and details of the transaction would be kept confidential and never sold or disclosed to anyone. Life Asset was able to find the highest bidder for my policy and I received $900,000 on a $5,000,000 policy. Since my term insurance policy didn’t offer a cash surrender option, I was glad to be able to pay off all of my debts so my family wouldn’t have to be responsible."

–Earl F.

Age/Sex: 76/Male
Face Amount: $684,000
Cash Value: $9,000

Life Settlement: $210,000

I considered lapsing my life insurance policy for the cash value. My policy was worth $684,000 and only had about $9,000 in cash value. I accepted the highest offer from Life Asset Group and sold my policy for $210,000! Thank you Life Asset.

–Raymond S.

“I’ve been a life insurance agent for more than 43 years and had never heard of a Life Settlement. I approached Life Asset to facilitate a Life Settlement because my client intended to lapse their policy.The Life Asset team was professional, focused and reliable. In less than 60 days Life Asset arranged a purchase offer for more than five times the cash value. Life Asset delivered results that exceeded my expectations. They were on-time, on-target and my client was very satisfied.”

–Carl L .

*IN TEXAS, D/B/A LAG SETTLEMENTS, LLC (See also Important Limitations in Texas)

Life Asset Group, LLC and/or Gary E. Brecka, as an individual, are licensed as a life settlement broker or viatical settlement broker in the following regulated states.

Gary E. Brecka, individually, can broker a life insurance policy owned by a resident of the following states: AR, CO, FL, GA, HI, IN, KS, KY, LA, MD, ME, MS, MT, NV, NC, NJ, OK, PA, TN, TX, UT, VA.

Life Asset Group, LLC, as a licensed entity, can broker a life insurance policy owned by a resident of the following states: AR, CT, FL, HI, LA, MD, ME, NV, NJ, OH, OK, PA, TX*, VA.

Depending on the medical condition of the insured, Life Asset Group, LLC and/or Gary E. Brecka, as an individual, may or may not be able to broker a life insurance policy owned by a resident of the following states: CA, DE, IL, MA, MI, MN, NM, NY, OR, VT, WA, WI.

Life Asset Group, LLC and/or Gary E. Brecka, as an individual, may broker a life insurance policy owned by a resident of the following states that are not regulated and do not require licensure: AL, AZ, DC, ID, MO, NH, RI, SC, SD, WY.

Life Asset Group, LLC is in the process of becoming licensed in the following states: AK, IA, NE, ND, WV, PR.

*IN TEXAS, D/B/A LAG SETTLEMENTS, LLC

This Compliance Notice is current as of August 26, 2008 and is subject to change.