Terms for
Jul 28, 2015
Terms for
Life Contingent Secondary Market Annuities
Life Contingent SMA means that the
payments due to the seller – and thereby
due to you as a new buyer – depend on the
seller’s life.
If the seller dies after you buy the
payments, the payments will cease to be
made by the insurance company.
But here’s where it gains in value- To make this
a safe investment for you, life insurance is
purchased on the life of the seller that will
pay you any amount due to you under the
remaining terms of your contract.
In order to make this a rock solid and safe
investment for you, life insurance is purchased
on the life of the seller. If the seller passes
away, the life insurance pays you any amount
due to you under the remaining terms of your
contract.
For Those…
Safe Investment…
A life contingent secondary market annuity is really like a callable bond.
A callable bond can be prepaid by the issuing
company at any time.
So if you own this bond, and the issuer decides to prepay, you get your principal
back plus any interest accrued.
You have a safe investment, but you don’t necessarily know how long the term will last.
To get more detail on Life Contingent Secondary Market Annuities http://www.pacificstructuredassets.com/life-contingent-secondary-market-annuities.htm