Robert Gomez
Addison, TX (USA)
Role(s):
Founder/Owner/Principal
RG Interests, LLC
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Startup
Location:
Addison
Industry:
Investing
Year Founded:
2004
Number Employees:
1-10 people
Description:
RG Interests, LLC, a Texas company (the “Company”), is an investment company whose primary activities are in the life settlement industry.
RG Interests, LLC has established relationships with life settlement brokers making it possible to acquire life insurance policies of certain individuals who are sixty-five (65) years of age or older who have a life expectancy of less than six (6) years (the “Seniors”).
The instrument described above is called a Senior Life Settlement. A Senior Life Settlement is an existing life insurance policy sold to a third party for more than its cash surrender value. Usually, these transactions involve business owners or family members that no longer need or can no longer afford the premiums for their policies. Sometimes, individuals choose to enjoy the cash from their life insurance policy themselves instead of passing the funds on to beneficiaries. The secondary market for Life Settlements provides a way for the insured to get the most possible cash out of their policy.
RG Interests, LLC is aligned with leading providers of this exciting new asset class to the investing retail market; an investment previously only available to institutional investors.