Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 15

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 15
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 and (viii) insurance, servicing and custodial fees. While this method of modeling cash flows is
helpful in setting general expectations of potential returns that might be produced from a given portfolio, there is no way such results
can be guaranteed. In addition to our assumptions, there are many factors that may affect the selection of inputs for the model.

11

The
individuals insured by the life insurance policies may live longer than their actuarial life expectancies and thereby, cash flows from
life insurance policies may be delayed.

The
actual date of death of an insured with respect to a life insurance policy is uncertain. Life expectancies are projected from the medical
records of the insured and actuarial data based upon the historical experience of similarly situated persons. However, it is impossible
to predict with certainty any insured’s life expectancy. We have and will continue to base our longevity assumptions on the reports
of third-party life expectancy providers, among whom there is no uniformity of assumptions, approach or procedure. There are also significant
disputes among third-party life expectancy providers regarding the mortality rate relating to certain disease states and the efficacy
of certain treatments. Some factors that may affect the accuracy of a life expectancy report or other calculation of the estimated length
of an individual’s life are:

    ●
    the
    experience and qualifications of the medical professional or life expectancy company providing the life expectancy estimate;

    ●
    the
    completeness and accuracy of medical records received by the life expectancy company;

    ●
    the
    reliability of, and revisions to, actuarial tables or other mortality data published by public and private organizations or developed
    by a life expectancy company and utilized by its medical professionals;

    ●
    the
    nature of any illness or health conditions of the insured disclosed or undisclosed;

    ●
    changes
    in living habits and lifestyle of an insured and medical treatments, medications and therapies available to and used by an insured;
    and

    ●
    future
    improvements in medical treatments and cures, and the quality of medical care the insured receives.

We
rely primarily on various different life expectancy providers. A life expectancy (“LE”), can be considered the life expectancy
provider’s “best estimate” as to how long a person would live. We assume that the life expectancies were accurately
calculated and properly assessed for purposes of our model. To introduce some “checks and balances” into our cash flow projections,
we use at least two