Noble Life Capital is offering accredited investors the contractual right to receive a portion of the death benefit of a life insurance policy (a “Participation Interest”). Noble will acquire in-force life insurance policies (a “Policy” or the “Policies”) and will hold the Policies until maturity. In order to estimate the date on which a Policy is expected to mature (the “Projected Maturity Date”), Noble will utilize experienced, nationally recognized, independent third party life expectancy report providers. Upon maturity (i.e. the death of the Insured), Noble will receive the death benefit and will distribute the death benefit to the holders of the Participation Interests in such Policy. Investors will receive a Fixed Payout which equates to their pro rata share of the death benefit for which they hold their Participation Interests. The Fixed Payout for each investor will be calculated by targeting an 11.0% simple annualized return on the Projected Maturity Date; which will equate to a targeted IRR of 8 to 10%.
Enhanced Premium Reserves:
Noble Life Capital will utilize a Premium Escrow Account as well as a General Premium Reserve Account. For each Policy purchased, Noble will use a portion of the subscription amounts to deposit funds into the Premium Escrow Account sufficient to pay the estimated premiums required to keep such Policy in force through at least the Projected Maturity Date for that specific Policy (the “Policy Reserves”). If a Policy has excess Policy Reserves remaining in the Premium Escrow Account after such Policy’s Actual Maturity Date, Noble will cause the Premium Escrow Agent to transfer those funds to the General Premium Reserve Account. The General Premium Reserve Account will be used to help investors pay required premiums for any Policies whose Policy Reserves have been depleted. Thomas Schantz life settlements
*Noble’s Private Offering is for accredited investors only, and Noble will require supporting information to verify accredited investor status. The above information is meant for general informational and educational purposes only and does not constitute, and is not intended as, any form of investment advice or a recommendation or suggestion to buy or an offer to sell or a solicitation to buy any security. If you are an Accredited Investor and want more information, please contact Noble.
Outside of our Private Offering, Noble can structure and offer just about any life settlement investment that fits a client’s needs. From custom portfolios for large institutional investors to whole policy sales to individuals, Noble can fulfill any type of investment within the life settlement market. If you have a desire to put together a specific life settlement investment that is outside of the scope of our Private Offering, please contact us and we can help you to get involved in this unique asset class. Thomas Schantz Life Settlements