Frequently Asked Questions - FAQs
Our minimum investment is $25,000.
Absolutely! Since this is a buy and hold asset, many investors match it perfectly with their retirement accounts which they won’t be accessing until many years down the road. We use IRA Services and other participating custodians for investors with IRA/401K accounts.
First Western Trust acts as Trustee for our Life Settlement Portfolios.This is the safest way to protect investors’ funds. A bankruptcy remote Trustee that is also a national bank holds the polices and funds in Statutory Trust so that any creditors, whether it be Greenrock or Investors’, cannot access the funds in the portfolio accounts.
No. Viatical settlement usually applies when the insured has a life expectancy that is less than two years and is typically terminally ill. There is no age requirement. Often a cure is found. Life Settlements deal with seniors. There is no cure for old age.
Most financial advisors don't know about this product. For years, Wall Street's best kept secret" has only been available to the large institutional investors.
We only offer policies from “A rated” or better companies. You’ve seen their buildings in every city in the country. They’re the tallest. Pacific Life, Mutual of Omaha, Transamerica, etc..
Yes, this is quite popular with our investors as many often roll their annuities into this investment. Consult your tax professional for qualifying details.
With Greenrock’s Portfolio approach to investing you chance of paying a “premium call” are quite small. However, if one should become necessary, it will lower your ROI. Remember, any unused premium for a policy that matures early will be returned to investors, which will INCREASE their ROI.
Yes. Any legal entity can own Greenrock products, as long as a Tax I.D. number is provided.
Yes, the same way as all of your assets.
California has strict laws protecting investors purchasing this asset. Senate Bill 1837 was passed into law in the form of Corporations Code 25102(q), and the Department of Business Oversight regulates the business in California. The SEC classifies this asset as a security and also monitors closely.
While these laws mandate many disclosures, Greenrock surpasses those requirements and provides full transparency.
First Western will provide “Verification of Coverage” to any investor upon request.
As soon as the Carrier pays the Trustee, your payout immediately follows.