Reverse pension plans are innovative and
highly profitable projects initiated and
run by venture capitalists – in
pre-arranged cooperation with their
insurance company and their mortgage
company.
To gather a target number of eligible
members, the venture capitalists set up
a network-marketing operation (for
example, Global Pension Plan or Pension
World Wide), offering very generous
referral commissions to those who will
help get the word out.
When the "Reverse Pension Plan" has
reached its' goal number of
contracts/members, the venture
capitalists will purchase a pension
insurance policy on each member ~ which
will, of course, mature when the member
reaches 67 years of age.
A quick Google search will reveal many
entities who are willing to purchase
these policies for immediate lump sum
payout ~ this should assure those
unfamiliar with endowment policies of
their legitimate value. However, Reverse
Pension Plan members agree to transfer
ownership of their policies to the
venture capitalists who purchased them
on the members' behalf ~ for a one-time
sum ~ €55K/€100K for Global Pension
Plan, and/or $75K for Pension World
Wide.
Then, as each member reaches the age of
67 years, the venture capitalists will
collect the full value ($250,000) of
each policy - an assured, substantial,
long-term income for them! Also, the
cost of the policies, the compensation,
and the referral commissions are all
tax-deductible business expenses, too.
Additionally, with possession of these
policies as collateral, the venture
capitalists are eligible for massive
loans. This leaves them with plenty to
cover cost of the network-marketing
operation – referral commissions and
administration. By using the loan to
finance the program, they now own a
pension policy with a significant value
upon maturity.
So, now you see that Reverse pension
plans benefit everyone involved!
However, you should know that many
"copycats" are following suit ~ but in
my opinion, Global Pension Plan and
Pension Worldwide are the two most
credible. Membership fees are accepted
in the form of eBullion eCurrency.