Press Releases

RUMSON CAPITAL LP INTRODUCES OptimumLife^SM
OptimumLife^SM Takes the Guesswork out of Life Settlements

Jenkintown, Pa. (October 6, 2005) - Rumson Capital LP, an independent life settlement company that offers unique services to those seeking to maximize their financial assets, announces OptimumLife^SM, a first-of-its-kind actuarial tool that sets a new standard in the life settlement industry. By using today’s mortality and economic assumptions and taking current regulatory issues into account, OptimumLife^SM enables Rumson Capital professionals to determine the market value of a life insurance policy. Rumson Capital is able to employ this tool in both life settlements and the burgeoning premium finance industry, the lending of funds to an insured party.

“It is important that we provide our clients with accurate financial information in a timely manner,” said Michael Gordon, marketing director, Brokers Insurance Services. “Tools such as Rumson Capital’s OptimumLife^SM increase our ability to counsel and serve our clients with the best resources available in the market.”

OptimumLife^SM involves a combination of software and analysis by in-house medical underwriters and financial analysts to more accurately determine if a life insurance policy is initially viable for sale, if a financial institution will make a sale offer and how reasonable the offer will be. When a broker provides Rumson Capital with a life settlement request and the relevant financial, health and insurance information, the OptimumLife^SM process begins. Based on the information provided, Rumson Capital can then determine the purchase price that financial institutions can offer on a potential transaction. With OptimumLife^SM and the unsurpassed expertise of the Rumson Capital team, brokers and their clients receive the most accurate financial assessment.

Frequent challenges many brokers may face include the uncertainty of whether they are provided with a fair price for a policy and a lack of clear understanding of when an offer for sale will be made. Using OptimumLife^SM, Rumson Capital is able to present brokers with quotes in a timely fashion and generate a comprehensive recommendation based on the assessment. Brokers once had limited resources to determine the value of a policy. Today, Rumson Capital can confidently recommend quotes backed by supporting data on the most appropriate offer available.

“Using OptimumLife^SM, we are able to help brokers accurately, credibly and efficiently serve their clients,” said Robert Meyer, vice president and general counsel of Rumson Capital. “As the only company using OptimumLife^SM, Rumson affords brokers the opportunity to conduct life settlements more effectively.”

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Rumson Capital LP
Founded in 2004, Rumson Capital LP is an independent life settlement company headquartered in Jenkintown, Pa., that offers unique services to those seeking to maximize their financial assets. Through life settlements, Rumson Capital unlocks underperforming assets to help make its customers’ wealth work better and harder, ultimately optimizing their quality of life. Rumson Capital’s code of behavior and sophisticated actuarial tool, OptimumLife^SM, help customers achieve fast quotes and maximum financial value from a life settlement. The Rumson Capital professionals have been in the life settlement business from the inception of the industry and pride themselves on making lasting relationships with their partners. For more information on Rumson Capital LP, please call 215.886.8433 or visit the Web site at www.rumsoncap.com.