| Goliath |
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| Joined: 18 Nov 2007 |
| Posts: 2 |
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Global Retirement Plan
http://www.globalretirementplan.com/promo.php?ref=143
GRP are looking to use their extensive knowledge in financial commerce and experience of the insurance/mortgage industry to provide new innovative solutions to enable investors to get the best returns on the capital invested.
Large insurance companies trade single premium Fixed Value insurance-endowment-life and pension policies as part of their everyday business. Diversifying risk and using the collateral to raise credit
We intend to explore these solutions within the financial global investment market and thus enhance the quality of life by providing wealth creation.
Because of a partnership with a pool of private equity capital investors.we are able to bring this type of trading to the normal investor.
The equity component of the purchase price is typically provided by this pool.
Because of the not inconsiderable amount of capital required to enter these markets it is not available to the general public. We are now in a position to create one of these large blocks of tradable credit and pass on the benefits to the normal investor..
http://www.globalretirementplan.com/promo.php?ref=143
We will try and make this explanation as short and as user friendly as possible and stay away from financial jargon.
We are looking to create a large block of tradable credit for some venture capital clients.
It allows them to raise loans and credit to the full value of their collateral.
This will be done by purchasing 20,000 single premium polices each with an end of term value of 300,000 Euro that they can then use as their collateral.
These investors are only interested in the face value of this tradable block of policies, because they have a guaranteed value this means that they are in a position to raise loans and credit for other investments that they other wise would not have the financial power to do.
They do this by buying the policy from the original policy holder for an agreed amount in this case 65,000 Euro plus the referral bonus which will average 2000 Euro per policy this equates to just over 22% of the policies end of term value.
This means that they have 78% of the policies end of term value to use as collateral.
You can work the figures out your self this is a lot of money.
And that is how it works
When a policy is sold, all beneficial rights on the policy are transferred to the new owner and they are entitled to the maturity value when the policy matures
Policyholders, who sell their policies, no longer benefit from the life cover and should consider whether to take out alternative cover.
1. How much is this going to cost ?
The policy will be set up with a one off admin cost of 45 Euro.
2. The more you promote, the more referrals you will get, the more bonuses you will earn.
Remember you get an extra 3,500 Euro for every contract ( max. 6 ) from every member you get into the plan-on your 1st level. for your 2nd to you 4th level 2000 Euro for every contract.
3. What are the age limitations on buying a policy?
The minimum age for buying a policy is 18 years but policies can be bought for juveniles under this age.
4. When will I get my referral bonuses?
All referral bonuses will be paid out on all policies that are accepted in tandem with the release of the policy funds
5. Can I have more than one policy?
Yes you can have up to a max of 6 policies.
6. Can I still sign up although I am older than 65 years?
Yes you can, But because you will not be eligible for a policy when the payout is done you will only receive the referral bonuses you have accumulated, you may use the Referral Bonus to generate some additional income for yourself for a one of admin fee of 45 Euro.
http://www.globalretirementplan.com/promo.php?ref=143
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