Invest in life settlements with full documentation and direct oversight.
Life settlement investments offer investors a direct path to non-correlated, institutional-grade returns. High Yield Vault presents individually researched life settlement investments to qualified investors — with transparent structural terms, real-time inventory, and direct documentation of ownership through our provider network. No pooled funds.
Life settlement investments explained, in one paragraph.
A life settlement investment is the purchase of an existing life insurance policy from its original owner for more than the cash surrender value but less than the face value. The investor assumes ongoing premium payments and collects the full death benefit at policy maturity. Returns from life settlement investments are contractual — derived from actuarial mortality projections and the policy's death benefit minus purchase price and premiums — and are uncorrelated with stock, bond, or real estate markets.
From discovery call to first policy, in documented steps.
A structured, fully documented process designed around patient capital. Your Private Wealth Advisor manages the relationship end-to-end.
Discovery call
A confidential 10–15 minute conversation with a Private Wealth Advisor. We walk you through the asset class, answer your questions, and review your portfolio objectives and liquidity horizon.
- Review of your current portfolio allocation and alternative investment exposure
- Discussion of investment horizon, liquidity needs, and tax situation
- Educational walkthrough of life settlement mechanics and risk/return profile
- No commitment, no sales pressure, fully confidential
Opportunity review
You browse the real-time inventory of life settlement opportunities available through our platform.
- Attending Physician Statement (APS) for the insured
- Insurance carrier details (policy type, face amount, carrier financial rating)
- Premium schedule and projected total premium obligation through life expectancy
- Projected internal rate of return (IRR) across multiple longevity scenarios
Documentation & structuring
When you decide to proceed, our team coordinates the full closing package. Title transfer, beneficiary designation, and carrier notifications all execute under standard state-regulated procedures.
- Purchase agreement executed through the life settlement provider
- Beneficiary change registered with the insurance carrier
- Documented ownership structure confirmed in writing
- Provider legal and compliance review at every checkpoint
Ongoing servicing
After closing, our institutional servicing partner manages everything operational: premium payments to the carrier, annual in-force verifications, and quarterly performance reporting to you.
- Automated premium payments on carrier schedule
- Annual in-force verification and actuarial updates
- Quarterly investor statement with policy status and projected timeline
- Payout processed within 60 days of policy maturity
Current life settlement opportunities.
A real-time view of life settlement investments currently available for acquisition through our provider network. Policy inventory synced with our partner marketplace system. Click "Show more details" on any policy for the full actuarial and pricing package.
Policy data is synced in real time through our provider network partner inventory system and represents policies currently available for acquisition. All pricing, ROI projections, and life expectancy figures are estimates based on actuarial review and are subject to change. Past performance does not guarantee future results. Life settlement investments involve substantial risk, including the potential loss of capital, and are illiquid long-duration assets suitable only for investors who understand the risks. The presentation of policy information on this website does not constitute an offer to sell securities or solicitation of investment. All investment decisions require individual consultation with a Private Wealth Advisor and review of complete documentation. Consult your legal, tax, and financial advisors before making any decision.
Is this the right fit for your portfolio?
Life settlements are not right for everyone. Honest suitability matters more than filling allocations.
Typically a good fit
- Investors with capital already deployed across public markets
- Long investment horizons — capital not needed within 5–10 years
- Seeking non-correlated income to balance equity-heavy portfolios
- Comfortable with illiquidity in exchange for structural return advantages
- Family offices managing multi-generational capital with patient mandates
- Retirees or pre-retirees holding conservative income-producing assets
Typically not a fit
- Investors who may need quick access to the capital
- Those uncomfortable with the ethical dimensions of the asset class
- Portfolios already heavily allocated to other illiquid alternatives
- First-time alternative investment allocations without prior exposure
- Investors seeking monthly or quarterly income distributions
- Those expecting guaranteed returns — all investments carry risk
How a tertiary-market life settlement actually works.
A step-by-step illustrative example showing how a single investor acquires an individual life settlement policy in the tertiary market — the full mechanics, timeline, and numbers. Not a specific client case.
Robert M. — direct tertiary market purchase
What he chose: A single life insurance policy available on the tertiary market — meaning the policy had already been sold once by its original owner (a senior in California) to a licensed provider, and was now being re-offered for individual acquisition. Robert purchased it directly in his own name. No pool, no fund, no fractional share — one policy, one owner.
- Day 0
Discovery & documentation
Robert attends a 15-minute discovery call, reviews the opportunity in the marketplace (A Real Time View Of Life Settlements Available, carrier details, premium schedule), and submits documentation to purchase the policy. Title is transferred into his name; he becomes the documented beneficial owner.
- Year 1
Purchase + first-year premium
Robert pays $68,000 to acquire the policy and sets aside $17,000 for projected premium obligations over the expected horizon. Total capital committed: $85,000. The servicing partner handles the first premium payment to the insurance carrier on schedule.
- Years 2–5
Servicing & quarterly reporting
The servicing partner manages all premium payments, annual in-force verifications, and carrier communications. Robert receives quarterly status reports by email. No active management required on his part. The market could crash, rates could spike, real estate could correct — none of it affects his policy.
- Year 6
Policy maturity
The insured passes. The servicing partner files the claim with the carrier. Within 60 days, Robert receives the full $250,000 death benefit directly. No distribution delays, no gate mechanisms, no waiting for a fund to liquidate.
| Policy purchase price | $68,000 |
| Premium reserves (6 years) | $17,000 |
| Total capital invested | $85,000 |
| Policy face value (death benefit) | $250,000 |
| Gross payout at maturity | $250,000 |
| Net gain | $165,000 |
| Projected IRR (6-year horizon) | ~11.0% |
This is the tertiary market in practice. Robert didn't buy into a fund. He didn't become a limited partner. He bought one specific life insurance policy — the same way you might buy one specific bond or one specific piece of real estate — with full documentation and direct ownership. The return was set by the contract, not by market sentiment.
This case is illustrative only and constructed from typical profile parameters. "Robert M." is not a real client. It does not represent the performance or experience of any specific High Yield Vault client, and does not constitute a projection, guarantee, or offer. Actual results vary based on actual life expectancy, premium obligations, carrier performance, and market conditions. Past performance does not guarantee future results.
Life settlement investments: answered directly.
Specific questions about the tertiary market mechanics, minimum investment, and how individual policy ownership actually works.
Full FAQ libraryWhat is the minimum investment?
The minimum investment at High Yield Vault is $25,000. This low entry point allows individual investors to participate directly in the tertiary market for life insurance without needing the $250K–$500K tickets that most institutional life settlement vehicles require.
What does the tertiary market mean, exactly?
The tertiary market is the secondary resale of a life insurance policy that has already been sold once. The primary market is the carrier issuing the policy. The secondary market is when the policyowner first sells it (this is a life settlement). The tertiary market is when that policy is re-offered for acquisition by another investor. You are buying an existing, fully-documented policy — not originating one.
How is my ownership documented?
You receive a complete closing package: the purchase agreement executed through the life settlement provider, confirmation of beneficiary change registered with the carrier, and documented ownership structure. You are the beneficial owner of an individual, identifiable policy — not a share in a pooled fund.
Do I buy a whole policy or a share of one?
A whole policy. At the $25K minimum, smaller face-value policies are matched directly to single-investor allocations. For larger face values, fractional structures are also available — but in every case, the structure is transparent, documented, and clearly presented before you commit.
What happens if the insured lives longer than expected?
If the insured outlives the actuarial estimate, you continue paying premiums until policy maturity, which reduces realized IRR. This is longevity risk — the primary risk factor in life settlement investments. Every policy presented on our platform includes an Attending Physician Statement (APS) so you can evaluate the estimate yourself before committing.
Can I exit before policy maturity?
Life settlements are illiquid long-duration assets. There is no active tertiary market exit venue for individual holders, and early-sale prices typically reflect significant discounts. Life settlement investments are only appropriate for capital that does not need short-term access.
How are returns taxed?
Tax treatment is complex and depends on your jurisdiction, holding structure (personal account, self-directed IRA, trust, LLC), and the nature of the gain. Some portion of the payout may be ordinary income and some capital gain depending on specific factors. Consult your tax advisor — High Yield Vault does not provide tax advice.
What happens if the insurance carrier fails?
Carrier insolvency is rare. If it happens, state guaranty associations provide coverage up to statutory limits that vary by state (typically $300K–$500K per policy). We factor carrier financial strength into every opportunity presented on the platform.
Who holds legal title to the policy?
Title is structured through our provider network with you documented as the beneficial owner of the specific policy. This leverages the regulatory framework of the licensed provider while giving you full economic ownership and transparency into exactly which policy you own.
How do I receive performance updates?
Quarterly investor statements for each policy you own: current status, premium payments made, remaining premium schedule, any updated actuarial information, and projected payout timeline. Delivered via secure investor portal and email.
Request a discovery call.
A no-commitment 10–15 minute conversation with a Private Wealth Advisor about life settlement investments. We'll review whether this asset class aligns with your portfolio objectives. All communications confidential.
Start the conversation
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Request full documentation
A Private Wealth Advisor will respond within one business day with the complete documentation package including actuarial reports, carrier details, and executed purchase agreement terms.
