About us
LifeBack was created by a group of experienced life settlement executives and investors who are committed to providing more value to consumers considering a life settlement.
Prior to the launch of the LifeBack Program, consumers who wished to sell their policies could only do so by working with intermediaries who frequently have a minimum purchase price of $500,000 or more in net death benefit. While these professional advisors can add value to a life settlement transaction, their commissions can significantly reduce the cash value of the transaction. With LifeBack's model, the offer made by the purchaser equals the amount the consumer will receive for his or her policy.
The efficiency of the life settlement process, the LifeBack Program guarantees that you will receive more money than the cash surrender value offered by insurance companies. The LifeBack Program also actively seeks out policies that the industry has ignored in the past – including those with benefits as low as $50,000 - effectively providing seniors of many policy levels with an opportunity to sell an unwanted or unneeded life insurance policy to generate income.
Please note that LifeBack is not your agent, broker or fiduciary in connection with the sale of your insurance policy. We urge you to seek independent advice from your own financial, insurance, legal, tax and other advisors.
If your life insurance policy qualifies, the amount that you will receive by selling your policy through the LifeBack Program will be more than the amount you will receive by surrending the policy to the insurance company, but LifeBack does not guarantee that your policy will qualify for purchase or that the sale price will equal or exceed the price that other purchasers outside of the LifeBack Program could or may pay.
Mr Bosley sold his life insurance policy prior to the creation of the LifeBack Program, and is currently a paid spokesperson for the LifeBack Program.