MINNEAPOLIS, Feb. 04, 2016 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (NASDAQ:GWGH), a specialty finance company and leader in the life insurance secondary market today announced that the company’s CEO, Jon Sabes, appeared on a TheStreet.com video interview with Gregg Greenberg on February 2, 2016.
Click here to view the appearance.
In the interview, Jon Sabes discussed the secondary market for life insurance and GWG’s plans for growth in 2016.
“According to Milliman, 88% of all universal life insurance doesn't result in the payment of a benefit,” said GWG CEO Jon Sabes. “If consumers were aware that there was a secondary market, and that there was value for these life insurance policies far and above than the cash surrender value, they would much rather turn to the secondary market for the value inside these policies.”
About GWG Holdings, Inc.
GWG Holdings, Inc. (NASDAQ:GWGH) is a specialty finance company and leader in the life insurance secondary market. GWG Holdings, Inc. (GWG) through its subsidiaries offers financial services to life insurance policyholders in the secondary marketplace. Securities being offered by GWG are on a best efforts basis on behalf of GWG Holdings, Inc., by Emerson Equity, LLC, Member FINRA/SIPC, managing broker dealer for the issuer. GWG and Emerson Equity are not affiliated entities.
Contact: GWG Holdings, Inc. Rose Reifsnyder Senior Vice President, Marketing Tel: (612) 840-7204 Email: firstname.lastname@example.org
Source:GWG Holdings, Inc.