A.S.A.P. Settlement

Ashar's Split Advantage Program or A.S.A.P. Settlement is a lump sum cash settlement paid to a life insurance policyowner who chooses to retain a portion of the policy's death benefit without having to pay the premium.

The Process is Simple

Similar to a Life Settlement, Ashar Group, LLC facilitates the purchase of qualified policies for A.S.A.P. Settlements. In an A.S.A.P. Settlement the buyer becomes the new owner, paying the ongoing premiums and receiving a portion of the future benefits. The advantage of an A.S.A.P. Settlement is that the policyowner chooses the portion of the death benefit they desire to retain.

Who Qualifies?

The minimum requirements Ashar Group, LLC has established to consider a policy for Life Settlement also apply for the A.S.A.P. Settlements. Please review the Parameters for a Life Settlement.

A.S.A.P. Settlement Case Example
Example:	Rising premiums
Insured:	69-yr-old male
Type of Policy:	Universal Life
Policy Face amount:	$5,000,000
Cash Surrender Value	$0
Offer price to seller: $371,890
Coverage retained by seller: $1,000,000
Details: Recently retired the seller met with his advisor to map out his financial future. After looking closely at his life insurance, the advisor determined that a A.S.A.P. Settlement would be the most appropriate solution, because the seller could maintain necessary coverage with premium responsibility, plus receive a cash settlement.

A.S.A.P. Settlement Case Example
Example:	Medical care needed
Insured:	69-yr-old female
Type of Policy:	Term
Policy Face amount:	$10,000,000
Cash Surrender Value	$0
Offer price to seller: $740,000
Coverage retained by seller: $2,000,000
Details: After the death of her husband, the policy owner met with her advisor to review her financial situation. Identifying a desire to establish a memorial scholarship in her husband's name, the advisor determined that a A.S.A.P. Settlement would be a perfect solution to provide the necessary resources while still retaining a portion of coverage.