Perisen was formed with a mandate to purchase Canadian and U.S. life settlements. Perisen and it's partner, a U.K.-based life settlements asset manager with over 20 years’ experience in global longevity markets, maintain the highest standards of ethics, governance and disclosure. You can maintain or substantially improve your financial position by unlocking the hidden value of your unwanted or unaffordable life insurance. Every year, Canadian seniors lapse or surrender almost $7 billion of insurance that they might otherwise sell for fair value. You could pay down debt, replenish retirement savings, or fulfil philanthropic goals by accessing fair value for your policy. Saskatchewan, Quebec, Nova Scotia and New Brunswick are the four provinces that allow the sale of life insurance. Advantages of Selling a Life Policy • Acquirer pays fair market value, funds the premiums and collects the benefit on maturity • Earn as much as 10%-30% or more of the face value of your policy after years, or decades, of making premium payments to the insurance company • Receive cash proceeds (or a tax receipt) for insurance that is unaffordable or no longer needed • Eliminate the burden of annual premium expenses Maintain Financial Independence - Fulfill Philanthropic Goals • Fund retirement living and/or long-term care expenses • Reallocate proceeds to income producing financial assets or annuities • Make a major donation to the charity of your choice Life Settlements as a Global Market In the United States, life settlements have been in existence for more than 100 years when the U.S. Supreme Court established them as property in Grigsby v. Russell, 222 U.S. 149 (1911). Over the last two decades, the development of a stringent regulatory framework has paved the way for major global investors such as Berkshire Hathaway, Apollo Global Management, The Blackstone Group and California Public Employee Retirement System, to make significant investments in the asset class.