This Q & A is intended for informational purposes only and should not be used or relied upon in regard to any particular facts or circumstances without first consulting your financial advisor and/or legal counsel.

1. Can an elderly person use Life Settlement proceeds to purchase a more efficient policy      given his/her age and health status?

    Yes. Select carriers now focus on the age 70-90     markets and offer age-appropriate      medical underwriting requirements.

2. Can part of a policy be sold?

    Yes. The owner can sell all or part of a policy.

3. Is the broker paid a fee or commission?

    Yes. Typically the provider compensates the broker. The seller has the right to request      the names of all brokers or agents receiving payment along with amount and terms.

4. Can the seller change his/her mind?

    Yes. This is known as a Right of Rescission. The seller can cancel the contract within 15     days after receiving the contract amount from the provider. The contract amount must     be returned to the provider along with any premiums paid by the provider to keep the     policy in-force.

5. How long does this transaction typically take?

    The approximate time frame from broker’s receipt of medical information until release of      purchase funds to the policy owner/seller is 10-12 weeks.

6. What are some of the typical questions that a policy owners’ trusted advisor should      pose when assisting the owner in making the determination to retain or sell a policy via      Life Settlement?