Terms of Use

Last Updated: January 1, 2023

Acceptance of the Terms of Use

This website (“Site”) is created and controlled by Velocity Life and its affiliates (collectively the “Company,” “we” or “us”). This Terms of Use Agreement (“Agreement”) is entered into by and between you and Velocity Life and together with any documents that are expressly incorporated by reference (collectively, "Terms of Use"), govern your access to this Site, whether as a guest or a registered user.

Please read the Terms of Use carefully before you start to use the Site. By using this Site, you are representing and warranting that: (a) you are a legal resident of the United States; (b) you are above the age of eighteen (18); (c) you own or have sufficient authorization to use the computer, mobile device, technology or other device you use to access this Site; and (d) you will access and use this Site in accordance with this agreement.

Please read this Agreement carefully before using this Site. Your use of this Site constitutes your acceptance to be bound by this Agreement. If at any time you do not accept all the terms and conditions of this Agreement, you must immediately discontinue use of this Site.

This Site is for information and life insurance policy evaluation and qualification purposes only. Velocity Life is not a life settlement provider, agent, or broker and will refer all policies to a licensed entity for qualification.

 

Privacy and Protection of Personal Information

Please review the Velocity Life Privacy Policy to understand our practices and principles regarding the use, disclosure, and protection of personal information. By using this Site, you agree to the terms of the Velocity Life Privacy Policy.

Account Security

If you choose, or are provided with, a username, password, or any other piece of information as part of our security procedures, you must treat such information as confidential, and you must not disclose it to any other person or entity. You also acknowledge that your account is personal to you and agree not to provide any other person with access to this Site or portions of it using your username, password, or other security information. You agree to notify us immediately of any unauthorized access to or use of your username or password or any other breach of security. You also agree to ensure that you exit your account at the end of each session. You should use caution when accessing your account from a public or shared computer so that others are not able to view or record your password or other personal information. We are not liable for any loss that you may incur as a result of someone else using your password or account. We may suspend or terminate your account in whole or in part if we have a reasonable belief that it is being used in connection with fraudulent activity, or you breach this Agreement, or for any other reason we determine on our sole discretion.

 

Disclaimer of Warranties

YOUR USE OF, AND RELIANCE ON, ANY ADVICE OR INFORMATION OBTAINED FROM OR THROUGH THIS SITE IS AT YOUR OWN RISK. ALL CONTENT, INCLUDING SOFTWARE, PRODUCTS AND SERVICES, CONTAINED WITHIN OR AVAILABLE THROUGH THIS SITE IS PROVIDED TO YOU ON AN “AS IS,” “AS AVAILABLE” BASIS. VELOCITY LIFE, ITS DISTRIBUTORS, SUPPLIERS, LICENSORS, AGENTS OR OTHERS INVOLVED IN CREATING, SPONSORING, PROMOTING, OR OTHERWISE MAKING AVAILABLE THIS SITE AND ITS SERVICES, MAKE NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, AS TO THE OPERATION OF THE SITE OR THE INFORMATION, CONTENT OR MATERIALS PROVIDED IN CONNECTION WITH THE SITE. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE COMPANY DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY OR SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE, WORKMANLIKE EFFORT, INFORMATIONAL CONTENT, TITLE, OR NON-INFRINGEMENT OF THE RIGHTS OF THIRD PARTIES. THE COMPANY DOES NOT WARRANT OR MAKE ANY REPRESENTATIONS THAT THE SITE WILL OPERATE ERROR-FREE OR UNINTERRUPTED, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE AND/OR ITS SERVER WILL BE FREE OF VIRUSES AND/OR OTHER HARMFUL COMPONENTS. THE COMPANY DOES NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING SUITABILITY, AVAILABILITY, ACCURACY, RELIABILITY, COMPLETENESS, OR TIMELINESS OF ANY CONTENT OR MATERIAL OF ANY KIND CONTAINED WITHIN THE SITE FOR ANY PURPOSE.

THE COMPANY IS NOT RESPONSIBLE FOR ANY FAILURE TO ACCESS OR USE THE SITE OR FOR FAILURES CAUSED BY SERVER ERRORS, MISDIRECTED OR REDIRECTED TRANSMISSIONS, FAILED INTERNET CONNECTIONS, LOST, INTERRUPTED, OR UNAVAILABLE CONNECTIONS OF ANY KIND, MISCOMMUNICATIONS OR FAILED TRANSMISSIONS OF DATA, OR ANY COMPUTER VIRUS OR OTHER TECHNICAL DEFECT OR ERROR RELATING TO THE SITE.

THE FOREGOING DOES NOT AFFECT ANY WARRANTIES THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.

Limitation on Liability

In no event shall the Company be liable to any person or entity whatsoever for any direct, indirect, incidental, special, compensatory, consequential, or punitive damages or any damages whatsoever, including but not limited to: (i) loss of goodwill, profits, business interruption, data or other intangible losses; (ii) your inability to use, unauthorized use of, performance or non-performance of the Site; (iii) unauthorized access to or tampering with your personal information or transmissions; (iv) the provision or failure to provide any service on the Site; (v) errors or inaccuracies contained in the Site or any materials or content obtained through the Site; (vi) any transactions entered into through the Site; (vii) any property damage including damage to your Device or computer system caused by viruses or other harmful components during or on account of access to or use of the Site, including any site to which the Site provide hyperlinks; or (viii) damages otherwise arising out of your use of or access to the Site, or the content of any site or sites linked to from the Site. These limitations of liability shall apply regardless of the form of action, whether based on contract, tort, negligence, strict liability or otherwise, even if the Company has been advised of the possibility of damages. In no event shall the Company’s liability exceed the total amount paid by you to the Company, if any, for accessing the Site.

 

Indemnification

You agree to defend, indemnify, and hold harmless the Company from and against all claims, actions, liabilities, costs and expenses, including, without limitation, reasonable attorneys’ fees, resulting from your breach of this Agreement or your use of the Site, including, but not limited to, any use of the Site’s content, services, and products. You agree to fully cooperate with the Company in asserting any available defenses in connection with a claim subject to indemnification by you under this Agreement.

 

User Code of Conduct

You may use the Site only for lawful purposes and in accordance with these Terms of Use. You agree not to use the Site:

  • In any way that violates any applicable federal, state, local, or international law or regulation (including, without limitation, any laws regarding the export of data or software to and from the US or other countries);

  • For the purpose of exploiting, harming, or attempting to exploit or harm minors in any way by exposing them to inappropriate content, asking for personally identifiable information, or otherwise;

  • To transmit, or procure the sending of, any advertising or promotional material, including any "junk mail," "chain letter," "spam," or any other similar solicitation;

  • To impersonate or attempt to impersonate the Company, a Company employee, another user, or any other person or entity (including, without limitation, by using email addresses or screen names associated with any of the foregoing);

  • To engage in any other conduct that restricts or inhibits anyone's use or enjoyment of the Site, or which, as determined by us, may harm the Company or users of the Site, or expose them to liability.

Additionally, you agree not to:

  • Use the Site in any manner that could disable, overburden, damage, or impair the site or interfere with any other party's use of the Site, including their ability to engage in real time activities through the Site;

  • Use any robot, spider, or other automatic device, process, or means to access the Site for any purpose, including monitoring or copying any of the material on the Site;

  • Use any manual process to monitor or copy any of the material on the Site, or for any other purpose not expressly authorized in these Terms of Use, without our prior written consent;

  • Use any device, software, or routine that interferes with the proper working of the Site;

  • Introduce any viruses, Trojan horses, worms, logic bombs, or other material that is malicious or technologically harmful;

  • Attempt to gain unauthorized access to, interfere with, damage, or disrupt any parts of the Site, the server on which the Site is stored, or any server, computer, or database connected to the Site;

  • Attack the Site via a denial-of-service attack or a distributed denial-of-service attack.

 

Governing Law and Arbitration

This Agreement shall be governed by, construed and enforced in accordance with the laws of the State of New York, as it is applied to agreements entered into and to be performed entirely within such state, without regard to conflict of law principles. You agree that any all disputes, claims and causes of action relating to this Agreement and/or the Privacy Policy, shall be resolved individually, without resort to any form of class action, exclusively by confidential arbitration in New York, New York, before a single arbitrator pursuant to the then-current arbitration rules of the American Arbitration Association. Any award rendered shall be final and conclusive upon the parties and a judgment thereon may be entered in the highest court of any forum, state or federal, having jurisdiction, provided, however, that the party that commences an action to enforce, vacate or otherwise modify an arbitration award shall not include any confidential information in such filing unless required to do so by applicable court rules and, if so required, shall take all reasonable actions to prevent the disclosure of such confidential information, including but not limited to moving for permission to make its initial filing under seal or filing a redacted version of its filing that omits such information. The parties to the arbitration will share equally the administrative costs of such arbitration proceedings. You agree to commence any arbitration proceeding with respect to this Agreement within one year after the claim arises. You agree that a proceeding commenced after this date is barred.

If any provision of this Agreement, or the application thereof to any person, entity or circumstances, is held invalid or unenforceable, then such provision shall be deemed superseded by a valid, enforceable provision that matches, as closely as possible, the original provision, and the other provisions of this Agreement shall remain unaffected and in full force and effect. The failure of either party to insist upon strict performance of any provision of, or to exercise any right available under, this Agreement shall not be construed as a waiver of any provision or right. Unless expressly provided otherwise, this Agreement is the entire agreement between you and the Company with respect to the use of the Site and shall not be modified except in writing, signed by an authorized representative of the Company. All representations, warranties and indemnification obligations made or undertaken by you will survive any cancellation or termination of your account.

 

Third Party Content

This site may contain links to other websites which are not maintained by the Company. The Company is not responsible for the content of such websites. The inclusion of any link to such websites does not imply the Company’s approval or endorsement of such sites or the content thereof. Moreover, the websites pointed at by links have been independently developed and maintained by person(s) over whom the Company has no control. The Company cannot and does not monitor the third-party sites linked to its pages on the internet or any transmission made through the respective web pages and news groups. Accordingly, the Company assumes no responsibility for the content of any site referenced to by any hyperlink or otherwise. The Company believes that our making available links to publicly accessible web pages is legally permissible and consistent with the common, customary expectations of those who make use of the Internet.

 

Restrictions on Use of Materials

This Site is owned and operated by the Company. Except as otherwise expressly permitted by the Company, no materials from this Site or any Site owned, operated, licensed or controlled by the Company may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. You may download material displayed on this website for your use only, provided that you also retain all copyright and other proprietary notices contained on the materials. You may not distribute, modify, transmit, reuse, repost, or use the content of this website for public or commercial purposes, including the text, images, audio, and video without the Company’s prior written permission. The Company neither warrants nor represents that your use of materials displayed on this website will not infringe rights of third parties.

 

Jurisdictional Issues

Unless otherwise expressly set forth herein, the Company makes no representation that materials on this Site are appropriate or available for use in any location. Those who choose to access this Site do so by their own initiative and are responsible for compliance with local laws. Access to the Site may not be legal by certain persons or in certain countries. If you access the Site from outside the United States, you do so on your own initiative and are responsible for compliance with local laws.

 

Ownership and Information

Any information, other than personal data or information you transmit to the Company via this Site, by electronic mail or otherwise, including data, questions, comments, or suggestions, will be treated as non-confidential and non-proprietary and will become the property of the Company. Such information, other than personal data or information, may be used for any purpose, including, but not limited to, reproduction, solicitations, disclosure, transmission, publication, broadcast, and posting. The Company is free to use any ideas, concepts, know-how, or techniques contained in any communication you send to the Company via this Site or by any other means for any purpose whatsoever, including, but not limited to, developing and marketing products using such information.

 

Trademarks and Copyrights

All trademarks, service marks, trade names, logos, and icons are proprietary to the Company. Nothing contained on this Site should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any trademark displayed on this Site without the written permission of the Company. Your use of the trademarks displayed on this Site, or any other content on this Site, except as provided herein, is strictly prohibited. Images displayed on this Site are either the property of or used with the permission by the Company. The use of these images by you, or anyone else authorized by you, is prohibited unless specifically permitted by the Company. Any unauthorized use of images may violate copyright laws, trademark laws, patent laws, trade secret laws, the laws of privacy and publicity, other intellectual property laws, and communications regulations and statutes.

  

Software Licenses

You acknowledge that any software which may be available or provided to you on this Site may contain technology that is subject to strict controls pursuant to export control laws and regulations of the United States of America and other countries and jurisdictions. You hereby agree that you will not transfer or export such software in violation of such applicable export control laws and regulations. The Company does not authorize the downloading or exportation of any software or technical data from this Site to any jurisdiction where such activity is prohibited by export controls laws and regulations.

 

Copyright Infringement

If you believe that any information or other materials delivered through the Site by you or other users, including any personal information and feedback data such as questions, comments and suggestions regarding the Site (collectively “User Contributions”) violate your copyright, you may send written notification to us in accordance with the provisions of the Digital Millennium Copyright Act:

John Marques
555 Madison Avenue, Suite 11D
New York, NY 10022
info@velocitylifesettlements.com

                          

Waiver and Severability

No waiver by the Company of any term or condition set out in this Agreement shall be deemed a further or continuing waiver of such term or condition or a waiver of any other term or condition, and any failure of the Company to assert a right or provision under this Agreement shall constitute a waiver of such right or provision.

If any provision of this Agreement is held by a court or other tribunal of competent jurisdiction to be invalid, illegal, or unenforceable for any reason, such provision shall be eliminated or limited to the minimum extent such that the remaining provisions of the Agreement will continue in full force and effect.