Many products claim to be “safe” investments, but let’s examine the REAL risks of our product and you can decide for yourself if you would be comfortable.
"A Rated" or better Insurance Carriers. What does this mean, and how is it important?
The companies paying you on your investment are highly rated insurance companies. These companies are among the most financially stable companies in the world. They are more secure than your bank that’s currently holding your savings.
Is it possible that one of these companies go bankrupt? Yes. That’s why they all have “re-insurance” for all of their obligations should they become insolvent. This means that another "A Rated" or better insurance company is backing them up. Well, what if THAT company also becomes insolvent? There is a “State Guarantee Fund” into which the Carriers must contribute which further insures their obligations.
What does all this mean? For carrier insolvency to become an issue, two of the most stable companies in the world would BOTH have to become insolvent, AND the state in which the policies were sold. What do you think the likelihood is of all three of those things happening?
Please also note, there has never been a legitimate death claim in the United States that has gone unpaid.
Greenrock uses First Western Trust. Why is a trust used, and how does this protect the investor?
While Greenrock is responsible for choosing the policies of which the portfolio consists, they don’t actually own them. The policies are owned by a Trust, with First Western Trust acting as trustee. Therefore, Greenrock insolvency would be irrelevant once an investment is made. Creditors of Greenrock, creditors of other investors, court judgments, or any other encumbrance cannot pierce the Statutory Trust.
What's the Process?
- The investor sends a wire, check, or Retirement account funds (IRA, 401(k), etc.) to First Western (NOT to Greenrock). The investor receives a recorded confirmation of their beneficial interest in the form of a “Certificate” from First Western..
- The trustee is responsible for making all premium payments to keep the policies in force.
- Once our proprietary policy tracking informs all parties of a maturity, First Western will file a death benefit claim with the insurance company.
- The Trustee will collect the death benefit and immediately pay the investors their contractually agreed upon share of the death benefit.