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Sundance Strategies Inc (SUND) |
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Description of Sundance Strategies Inc's Business Segments
Sundance Strategies Inc. operates within the life settlements market, providing a range of services and products designed to meet the financial needs of policyholders. The companys offerings can be segmented into two primary categories: Life Settlement Solutions and Life Settlement Financing Solutions.
Life Settlement Solutions
1. Policy Purchase Services:
- Sundance Strategies Inc. serves as a buyer of life insurance policies. Policyholders, particularly those aged 65 and above, may choose to sell their life insurance for various financial reasons, including no longer needing the coverage, seeking to replace their policy, facing unaffordable premium payments, or requiring cash to address healthcare costs and other expenses.
- Sundance evaluates policies from various carriers and offers competitive life settlement quotes, allowing policy sellers to access cash without the burden of ongoing premium payments.
2. Consultative Services:
- The company provides advisory services to help policyholders understand their options. This includes guidance on the potential benefits and drawbacks of selling a life insurance policy. Client education is a fundamental aspect, ensuring that sellers make informed decisions based on their unique financial circumstances.
3. Valuation Services:
- Sundance employs experienced actuaries and financial analysts to evaluate life insurance policies' fair market value. They consider various factors, such as the insureds age, health status, policy face amount, and type of insurance, to determine a compelling offer for sellers.
4. Brokerage Services:
- For clients who wish to explore various options, Sundance operates as a broker, connecting sellers with multiple potential buyers in the life settlement marketplace. This enables clients to find the best possible deal for their policy while offering a wider scope of financial opportunities.
5. Post-Transaction Services:
- Once a life settlement has been completed, Sundance continues to provide support to policy sellers. This may involve assistance in managing the proceeds from the sale, particularly if the funds are being used for health-related expenses or other critical needs.
Life Settlement Financing Solutions
1. Holders Lending Support:
- While Sundance does not directly provide financing, it collaborates with Holders Lender,which offers financing solutions to the holders of life insurance policies. This financing is essential for those individuals looking to purchase insurance policies as investments.
- By facilitating the financial backing required for life settlement transactions, Sundance aids in the liquidity and accessibility of life settlements, enabling buyers to acquire life insurance portfolios that may otherwise be difficult to finance.
2. Market Insights and Risk Assessment:
- Sundance offers insights related to risk management and market analysis, helping potential investors understand the complexities and factors influencing life settlement investments. By providing data and analysis, the company assists stakeholders in making strategic decisions.
3. Financial Modeling and Projections:
- Through proprietary financial modeling tools, Sundance helps investors project potential returns and risks associated with life settlement investments. This enables them to assess the viability and profitability of investing in life insurance policies more effectively.
Additional Services
1. Client Relationship Management:
- Sundance is dedicated to fostering long-term relationships with its clients. This includes maintaining clear communication channels, providing updates on industry changes, and offering ongoing educational opportunities to ensure clients remain informed about their investments and options.
2. Regulatory Compliance:
- As the life settlements market is heavily regulated, Sundance ensures that all activities comply with applicable state and federal regulations. This includes navigating the complexities of laws governing the transfer of life insurance policies and maintaining ethical standards throughout the process.
3. Market Advocacy:
- Sundance engages in advocating for the life settlements industry, collaborating with regulatory bodies and industry organizations to promote favorable conditions for policy sellers, buyers, and investors.
Conclusion
In summary, Sundance Strategies Inc. is positioned as a multifaceted entity within the life settlements market, offering a suite of tailored solutions for policy sellers and investors. These services are intricately connected to the needs of an aging population, addressing the financial challenges that come with retirement while facilitating a marketplace for life insurance policies that benefits both sellers and investors. Through effective collaboration, advisory services, and ongoing support, Sundance Strategies Inc. aims to empower policyholders to make informed decisions about their life insurance assets.
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