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Questus Global Capital Market Ltd reports one billion in policies have been pledged to back their shares (QGCM)


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-02-11 15:05:06 -

Questus Global Capital Market Ltd reports one billion in policies have been
pledged to back their shares (QGCM)  www.gxgmarkets.co.uk

---------------------------------------------------------
  AMOUNT                    FACE AMOUNT $1,001,400.00

  PORTFOLIO FACE VALUE      $1,001,400.00



  ASSIGNED and PLEDGED TO   Questus Global Markets, LTD.
---------------------------------------------------------

All policies are meeting the criteria below:

  *  life insurance policy application
  * life insurance policy
  * annual policy statement for prior year
  * premium optimization review (maybe performed post-purchase)
  *  life settlement application
  * life settlement contract
  * escrow agreement
  * medical power of attorney
  * authorization to receive death 
certificate * designated contact form and letters * permanent HIPAA access agreement by the insured * irrevocable life insurance trust document allowing for the sale of the policy * physician competency letter (delivered at the time of the initial settlement, if required) * life expectancy reports prepared in connection with the initial life settlement transaction * current life expectancy report from approved list of companies * current policy in-force illustration (as close to cost of insurance premiums as possible) * note's policy purchase agreement * beneficiary and spousal waivers, as appropriate * contact information for doctors, relatives, close friends * full disclosure of fees and other payments at closing * trustee resignations/transfer * current verification of coverage * full requirement for insured's cooperation in the future with medical record information * documentation of the identification of the parties to the transaction including insured, brokers, providers, etc. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Questus Global Capital Market, Ltd. via Thomson Reuters ONE [HUG#1677064]


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