1. 03/2006 Presented by

2. WHAT IS A LIFE SETTLEMENT? 47% of seniors over the age of 65 own life insurance policies. – Bernstein Research 2005 A life settlement is the sale of an existing life insurance policy that gives the policy owner a cash settlement in excess of the current cash surrender value.

3. Universal Whole Life Term Variable Joint Group Key Man WHAT TYPES ARE INCLUDED:

4. Anyone over the age of 65 years who has life insurance whose circumstances have changed since the original policy was issued. WHO MAY QUALIFY? Health Personal Financial The Life Settlement market grew to $5.5 Billion in face amount in 2005 thanks to available capital and continued aggressive marketing to producers. – Conning Research 2005

5. Under-Performing Policies Estate Size Reduction Family Issues Divorce or Bankruptcy Deterioration of Health CHANGING CIRCUMSTANCES… Retirement Sale of Business Death of Spouse Estate Tax Reform 1035 Exchange >> PRODUCERS FINANCIAL PLANNERS ATTORNEYS ESTATE PLANNERS NON-PROFIT ORGANIZATIONS

6. & An Innovative Wealth Estate Planning Tool LIFE SETTLEMENTS

7. Those who no longer need insurance Those who are utilizing a Life Settlement to fund an alternative investment RECENT LIFE SETTLEMENTS TWO TYPES OF PROSPECTS >> PRODUCERS FINANCIAL PLANNERS ATTORNEYS ESTATE PLANNERS NON-PROFIT ORGANIZATIONS 59% of life settlement clients are between the ages of 71-80. – National Underwriter Magazine 2005

8. FEMALE – Age 72 $3,000,000.00 UL Policy Small Cash Value Under-Performing Policy CASE HISTORY EXAMPLE 1 LIFE SETTLEMENT SOLUTION Settlement Amount of $840,000.00 *Insured purchased an annuity with the proceeds

9. MALE – Age 65 $4,000,000.00 UL Policy Cash Value $90,000.00 Retiring Executive CASE HISTORY EXAMPLE 2 LIFE SETTLEMENT SOLUTION Settlement Amount of $525,000.00 *Received $435,000 over surrender

10. MALE – Age 69 $3,000,000 Term Policy Client Was Going To Lapse Divorce Decree LAPSE EXAMPLE LIFE SETTLEMENT SOLUTION Settlement Amount of $400,000.00

11. MALE – Age 77 7 UL Policies Totaling $13 Million Premiums $400,000 Surrender Value $1.8 Million NEW PRODUCT EXAMPLE LIFE SETTLEMENT SOLUTION Settlement Amount of $2,562,336.00 *Agent sold client $27mil of current generation UL and VUL policies

12. AGE 84 – Minor Health Issues $450,000 Policy Premiums $32,000 Buy/Sell Agreement Deceased Partners BUY/SELL EXAMPLE LIFE SETTLEMENT SOLUTION Settlement Amount of $106,000.00

13. New BUSINESS Opportunities

14. Referral fee from the life settlement transaction MULTIPLE COMMISSIONS Trailer commission on policy for agent of record Investment or annuity commissions from the capital created from the life settlement transaction Commission on new life insurance products that better suits your clients current needs Commission on the conversion if the policy being considered is a term product Commissions for referring other agents or agencies to Life Insurance Settlements Inc. FROM ONE STRATEGY

15. SETTLEMENT TIMELINE Upon Receiving the Following: 1.Complete application & sign authorization 2.Copy of photo identification 3.Copy of policy, if obtainable Appraisal Process Consist of: 1.Collecting of policy and medical information 2.Complete initial underwriting of case 3.Send complete case to funding organizations 4.Negotiate and obtain offers or declinations 5.Communicate appraisal value and compensation Completing the Settlement Process: 1.Contracts are delivered to the policy owner 2.Review, sign and return of settlement package 3.Recorded changes by insurance carrier 4.Escrow organization releases cash settlement to client 5.Client rescission period – Dependent on state 6.Referral source is compensated – Post rescission period

16. Powerful New FINANCIAL PLANNING Tool…

17. How much will be received for a policy? There are many factors that determine the offer amounts: Age Premiums Client’s Health Type of Policy Insurance Company Rating Policy Size Competitive Bidding State of Residency GENERAL RULE: Age, health and future premiums are the primary factors that determine the amount of the Life Insurance Settlements, Inc. offer. Competitive bidding assures that you have found the highest offer. PARAMETERS OF A LIFE SETTLEMENT

18. APPROACHING THE CLIENT Proactive Way to Speak Lower Premiums/Better Policy Better Interest Rate Manage Expectations of Client

19. Combined Strengths Maximum Compensation Unparalleled Expertise Since 1993 Marketing & Advertisement Support Exceptional Service Continuing Education Programs LIS IS A NETWORK OF FINANCIAL ADVISORS &AGENTS As the industry grows, the progression of stronger marketing tools will be essential to educate the consumer about the industry and the benefits that are available.

20. OUR CORPORATE OFFICE IS LOCATED AT 550 WEST CYPRESS CREEK ROAD, SUITE 300 FORT LAUDERDALE, FL 33309 Exclusive Funders Long-Term Relationships PROVIDER PARTNERSHIPS…

21. Core Competencies Value Add Building A Significant Profit Center COMPLIMENTARY SERVICE 61% of Agents stated they believe there is a substantial potential for additional income from Life Settlements. – Agent’s Sales Journal Life Settlement Survey 2005

22. No Cost Liquidity Fund Alternative Product to Fit Current Needs Relief of Premium Expense Create a Better Solution for their Current Needs BENEFITS TO THE CLIENT…

23. EXAMPLES OF TAX BENEFITS The following example shows a typical policy with a face value of $1 million, $55,000 of premiums paid and a cash surrender value of $70,000. For example purposes we will use a settlement amount of $200,000 paid to the policy owner. The tax position would be: *Tax obligations will vary with the sale of an insurance policy. Life Insurance Settlements, Inc. does not make any representations as to the tax treatment of a sale of a life insurance policy. Life Insurance Settlements, Inc. strongly encourages you to consult with your tax advisor, Attorney or financial planner as it relates to your specific situation.

24. FRONT-END: If a policy owner sells a policy to a licensed settlement provider and the transaction has been consummated in accordance with the state’s viatical and life settlement laws and regulations (front-end), the client and his insurance advisor have not participated in a transaction regulated as a security. FRONT & BACK-END OF A LIFE SETTLEMENT BACK-END: If an insurance advisor is raising funds for financing entities or reselling purchased policies to individual investors (back-end) this, according to most states, would constitute a security.

25. PREQUALIFICATION RESULTS… Clients who qualify for life settlements can see what the highest purchase offer is. If they choose to accept the payment, they have added bottom-line dollars to their asset base. Those who don't qualify, they will find out the total liquidation value of that asset. Therefore they will be able to properly re-calculate their net worth and know their true financial picture.

26. 550 WEST CYPRESS CREEK ROAD, SUITE 300 FORT LAUDERDALE, FLORIDA 33309 TOLL FREE 866.326.LIFE FAX 954.315.2841 WWW.LISETTLEMENTS.COM Disclaimer: Life Settlement amounts are based on numerous factors. The case examples are for illustration purposes and does not represent future or previous offers, statements, percentages or amounts. Actual results will vary. The industry average purchase price obtained by viators ranges from 12-24% of the face amount of a qualified life insurance policy. Some or all of the proceeds of a life settlement may be taxable under federal or state income tax laws from the sale of one's life insurance policy. Advice from a professional tax advisor is recommended. Life Insurance Settlements, Inc. is a licensed broker or producer in the following states: AL, AR, AZ, CT, DE, FL, GA, HI, IA, ID, IN, KS, MD, ME, MN, MS, NC, ND, NJ, NM, NV, NY, OH, OK, OR, PA, TX, UT, VA, VT, & WI.