The TEP Story
For almost 20 years The Outlook Group Pty Ltd has led the Australian market in acquiring second-hand conventional life policies and facilitating their acquisition as investment assets by individual, whosale and institutional investors.
Whole of Life policies issued by Australia’s largest life companies; AMP Life Ltd, Comminsure and MLC Life Ltd are the base ingredients for a Traded Endowment Policy or more commonly known as a “TEP.”
Whole of Life policies have a death cover element and also an asset value – (like a long term savings account), as part of their structure.
Whole of Life Policies have significant capital guarantees backing their investment value.
The Outlook Group sources these old policies which have long durations and reduces their investment term to between 5-10 years.
By changing the policy Terms and Conditions, (in agreement with the issuing life company), The Outlook Group, facilitates the change of the Whole of Life policy into an Endowment policy.
The Outlook Group, then seeks investors who purchase these Endowment policies and hold them till they mature.
The term given to these investments is “Traded Endowment Policies or TEPs.”
TEPs offer stable, tax effective returns with significant capital guarantees.
We have assessed over 20,000 policies on the above basis, as we search for the best TEPs we can source for our investors.