Frequently Asked Questions for the Nonprofit Professional

What are the tax consequences to the Donor?

How do I know if an existing or future donated policy is eligible for
a Life Settlement?

Our organization has one or more existing donated policies that meet these criteria, what are the next steps?

A senior citizen has contacted our organization and will be donating their policy of $100,000 or more. We would like to have an appraisal for a Life Settlement before the policy is gifted, what is the process?

How do you educate Donors about this option?

Must the Donor donate 100% of the Life Settlement?

We are planning our fundraising initiatives and would like to introduce First Secured Life's nonprofit opportunity to our Donors. How will you help us to do this?

•	Receive a tax deduction for the fair market value (selling price) of the life insurance policy instead of only the cash surrender value. The national average of a life settlement is 3.6 times the cash value of a policy.
•	Removal of a taxable asset from their estate if the policy was individually held.
•	The premiums become unaffordable

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How do I know if an existing or future donated policy is eligible for
a Life Settlement?
In all cases, the Insured must meet the following criteria for the policy to qualify for a Life Settlement:

•	The Insured is 65+ or older (Terminally or chronically ill persons may be eligible regardless of age)
•	The policy face value is $100,000 or more
•	The policy has been in force for 2 or more years

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Our organization has one or more existing donated policies that meet these criteria, what are the next steps?
Call First Secured Life at 1-877-968-7785 and a Policy Representative will walk you through the necessary appraisal process. All appraisals that will be performed are at no cost or obligation to you or your Donors.

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A senior citizen has contacted our organization and will be donating their policy of $100,000 or more. We would like to have an appraisal for a Life Settlement before the policy is gifted, what is the process?
Call First Secured Life at 1-877-968-7785 and a Policy Representative will walk you through the necessary appraisal process. All appraisals that will be performed are at no cost or obligation to you or your Donors.

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How do you educate Donors about this option?
Life Settlements will someday be a household product option just like life insurance. First Secured Life is committed to the educational process of individuals and businesses. We achieve success by educating financial professionals through article publications, eNewsletters, direct mail, websites, and so forth.

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Must the Donor donate 100% of the Life Settlement?
No. The Donor may donate any portion of the Life Settlement proceeds to one or many organizations.

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We are planning our fundraising initiatives and would like to introduce First Secured Life's nonprofit opportunity to our Donors. How will you help us to do this?
We welcome the opportunity to partner with you during your fundraising initiatives. We are equipped to support you via the web, direct mail, seminars, canvassing materials, etc.

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