Mutual Benefits Corporation Profile

A leading member of the Viatical and Life Settlement Association of America and incorporated in Ft. Lauderdale, Florida in 1994, Mutual Benefits Corporation (MBC) is one of the world's largest viatical and life settlement companies. Mutual Benefits Corporation believes it is licensed in more states than any other viatical company that funds policies through individual purchasers. From the outset, MBC insisted on funding only non-contestable life insurance policies issued by life insurance companies rated B+ or better by A.M. Best. Because of its international exposure, relationships with various state departments of banking and insurance, and its close alliance with the most experienced attorneys in this field explains how MBC has been able to work with more than 20,000 purchasers and 15,000 policy holders.

Mutual Benefits Corporation owes its longevity and growth to excelling at the most important aspects of this type of transaction. MBC facilitates the purchase of life insurance policies from terminally ill and senior citizens who seek the financial means that they do not otherwise have, so they can fulfill a cherished dream, fund better medical care, achieve financial goals, and live their remaining days with dignity. These individuals, many of whom are afflicted with AIDS, cancer, leukemia, heart disease, ALS, and Parkinson's disease, to name just a few medical catastrophes, can achieve their financial goals by selling their life insurance policies through Mutual Benefits Corporation in exchange for an agreed percentage of the face value of the policy. The MBC program is often the only and best solution to the financial concerns these individuals face. Peter Lombardi, President of Mutual Benefits Corporation, concurs: "I am proud to lead an organization that continues to prosper without losing sight of its purpose: to bring benefit to the lives of thousands each and every year."

The company facilitates the sale of interests in the death benefits payable under these policies to individual purchasers. The MBC purchaser is attracted to viatical and life settlements because of their humanitarian and financial value. Besides helping to fund the purchase of policies from individuals who are relying on the sale to improve the quality of their lives, the MBC purchaser can receive a double-digit, fixed, total return paid by a highly rated insurance company upon maturity of the policy without purchasing a stock market product. ¹

Mutual Benefits Corporation has created a carefully structured program, designed to help provide for the financial, physical and emotional needs of the terminally ill and senior citizens. Steven Steiner, Vice President and Director of Philanthropic Endeavors at MBC, believes that "Mutual Benefits has established a program that allows the company to live up to its name. Through our many resources that we have spent years developing, we can participate in helping out clients beyond their financial needs, by providing them with the assistance that they need to meet the physical and emotional challenges that might arise as time goes by." To illustrate this, scores of letters of heartfelt thanks from Mutual Benefits' clients cover the walls of the company's main office.

Giving back to the community is also a daily matter of fact for MBC. Since its inception, Mutual Benefits Corporation has donated millions of dollars to a whole host of charitable organizations locally and nationwide, including The Make-A-Wish Foundation, The National Association of People with AIDS, The Boys and Girls Club of Broward County, Florida, the March of Dimes, the Muscular Dystrophy Foundation, CenterOne, AmFAR, The Children's Diagnostic and Treatment Center, The Ryan White Foundation, Colbert Elementary School Science Fairs (Hollywood, Florida), and Food for Life, to name a few.

200 East Broward Boulevard, 10th Floor
Ft. Lauderdale, Florida 33301
www.mutualbenefitscorp.com / email: embc@mutualbenmail.com
telephone: (954) 525-8885, toll free: 800-896-7990, fax: (954) 525-8664

1. Fixed, total returns are not annualized returns; any annualized return will vary based upon the actual life span of the insured. Consult your financial advisor. This is not an offer to sell, an offer to purchase, or a solicitation for purchase or sale of viatical or life settlements. Not available in all states.