Los Angeles, CA – January 31, 2017 — CMG Life Services CEO, Gary Brown, is featured on the award-winning, global TV show, Worldwide Business with kathy ireland®. The segment’s topic is how CMG Life Services gives institutional investors powerful reasons to invest in life settlements.
CMG Life Services has been one of the most active purchasers of life settlements. A life settlement is the sale or assignment of a life insurance policy on the life of an elderly person (typically health-impaired) by a third party for investment purposes. The purchaser of (or investor in) the policy becomes the policy owner, assumes the responsibility for paying future premiums and becomes the beneficiary of the policy entitled to the death benefits at maturity (death of the insured). CMG Life Services has acquired portfolios of life settlements with an aggregate face amount of approximately $6 billion, covering more than 1,300 lives. The company was founded in 2002 and is headquartered in Naples, Florida.
Brown says that CMG Life Services offers a unique approach to life settlements. He explains, “We always believe that our approach has been a little different because we are 100% transparent. We have 100% transparency on our fees, on policy purchase cost to the investor and we also have transparency on our track record. Through December 31, 2016, our investors have seen maturities on those policies of almost $1.5 billion, and profits of $644 million.”
JL Haber, Vice President of Programming for Worldwide Business with kathy ireland®, is honored to feature CMG Life Services. He says, “CMG Life Services is one of those companies that has such a high-level of experience and industry-leading analytical tools that they truly stand out in their field. They use these to identify many investment opportunities in the life settlement market. This has led CMG Life Services to maximize investment returns for their clients. Their success speaks for itself! We’re excited to have CMG Life Services on our show.”
For more information about life settlements, visit CMGLifeServices.com.
Tune in to see CMG Life Services on Fox Business Network as sponsored programming on February 5, 2017 at 5:30pm ET and Bloomberg International on February 4 at 7:00am GMT and on February 5 at 3:00pm HKT.
About Worldwide Business with kathy ireland®
Worldwide Business with kathy ireland® is a weekly business television program featuring real world insights from corporate executives from all over the globe which can be viewed on Fox Business Network as part of their sponsored programming lineup, as well as internationally to over 50 countries on Bloomberg International.
Visit www.tvwwb.com for detailed airing schedules or check your local listings.
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