EEA Life Settlements
EEA Life Settlements Fund
A Life Settlement is the sale of a US life insurance policy to a third party, where the insured has an impaired life expectancy.
In exchange for a payment more than the policy’s cash surrender value (even if none exists) the purchaser becomes the new owner of the policy. The new policy owner pays all future premiums during the remaining life of the insured and ultimately collects the full ‘face value’ of the policy on maturity.
I have been asked by the regulators to remove detailed content from my site. Please Contact Me direct if you have any questions about the fund and I shall get back to you with all the latest information. I shall be happy to put you on a mailing list for all further updates as they become available. Stay in touch. I’d also suggest looking at the latest information direct from the EEA Life Settlements Website.
I can help you with the latest copies of Shareholder Letters, Fact Sheets, Portfolio Stats and Maturity Schedules.
You could also stay in touch with the EEA Investors Group. They are very pro-active in representing investors and need all the support they can get. I can supply you with contact information if required.
Another distribution was made to Run-Off and Continuation Shareholders. Southey Capital has also expressed an interest in purchasing any remaining Run-Off and Continuation Shares following this redemption. Please Contact Me immediately and I shall be able to help. The EEA Investors’ Group has expressed concerns about the fund’s liquidity and the value of remaining with it. More can be found in my newsletter.