Forum National Investments Ltd.

May 23, 2012 08:30 ET

Forum Currently Tracking Over Ten (10) Billion USD of Life Settlements Death Benefits Representing Over 1700 Insured Individuals With an Average Age of Over 75 Years

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 23, 2012) - Forum National Investments Ltd. (OTCBB:FMNL) ("FORUM") CEO Dan Clozza stated today that Forum has developed a world class propriety software analysis and Life Settlement tracking system which currently tracks over Ten (10) Billion USD of Life Settlements death benefits representing over 1,700 insured individuals, with an average age of over 75 years. A Life Settlement is the sale of an existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit.

Insurance companies pay out death benefits annually to a very small fraction of all policy holders after possible decades of Life Insurance premium payments. Insurance companies saved $1.1 Trillion dollars when 19.8 million policy holders stopped making payments in comparison the industry paid death benefits on 2.2 million policies1. Forum believes that there exists a better alternative than an 88% lapse rate for policy holders similar to the way a reverse mortgage provides financial options for many seniors in retirement.

For investors Life Settlement products can provide up to double digit returns as a US dollar denominated investment having the security of been underwritten by AAA rated United States Life Insurance Companies. Importantly the uncorrelated investment is not dependent or affected by stock market fluctuations, economic or geopolitical factors. Acquiring policies at a better than an 85% discount to face value of death benefit in combination with multiple lives of more than 150 individuals can provide actuarial analysis for statistical diversification.

Through a finalized agreement with ALIYA Lifespan and other institutions, Forum is seeking to access a large retail and institutional investor base for its Life Settlement Investment products. Forum plans to fully utilize its propriety Life Settlement analysis and tracking system to monetize its currently estimated five billion USD in annual death benefit aggregation.

  1. NY Times, December 2006

About FORUM:

Forum National Investments Ltd. ( is a publicly held company currently trading on the OTCBB since 1998 under the symbol FMNL. The company's Life Settlement operations in the United States are conducted through its wholly owned subsidiary, The American Life Settlements. (ALSS)

About ALIYA LifeSpan:

ALIYA LifeSpan™, LLC is a broad based financial asset management firm who specializes in Life Settlements and Life Settlement structured financial products. ALIYA LifesSpan™ specializes in utilizing senior life insurance settlement policies, or more commonly known as "Life Settlements", as the asset basis for a variety of investment strategies, which we believe avoids many of the pitfalls of traditional investment classes. Life Settlements are an anomaly in today's investment environment. Life Settlements are not tied to any traded market such as stocks, bonds, foreign currency, or any political, economic or real estate calamity. We have created products for both individuals and institutions by leveraging the unique elements found in Life Settlements which ultimately eliminates many of the potential shortcomings of many other investment classes. ALIYA LifeSpan™


Except for the historical information contained herein, the matters discussed in this release include certain forward-looking statements, which are intended to be covered by safe harbors. Those statements include, but may not be limited to, all statements regarding our and management's intent, belief and expectations, such as statements concerning our future and our operating and growth strategy. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, the factors detailed from time to time in our filings with the Securities and Exchange Commission. One or more of these factors have affected, and in the future could affect our businesses and financial results and could cause actual results to differ materially from plans and projections. We believe that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to our management. We assume no obligation to update any forward-looking statements, except as required by law.

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