Life Settlement Agents Wanted
April 25, 2005 by Administrator

Life Settlement Agents Wanted – Insurance Agents and Financial Professionals

As the Life Settlement Industry continues to gain mainstream acceptance, more and more financial professionals are adding Life Settlements to their list of financial product offerings. These advisors educate their clients about the benefits of Life Settlements and in turn many more policy owners are able to realize the immediate financial benefits and options created by this transaction.

If you, your firm, or your broker-dealer have not yet offered Life Settlements to your existing or potential clients, now is the time to educate yourself on one of the fastest growing products in the financial planning industry. Even if you are currently working with one or two Life Settlement Funders, it is not too late to learn how COMPETITION will increase your clients offers. Remember, brokers work for your clients – funders work for their clients (the investors).

Contact us today or call us toll free at 1-888-973-8377 for your free Life Settlement Agent kit. This will give you the tools to start offering the benefits of life insurance settlements to your clients.

Agent Benefits
The benefits to agents are almost as important as those for policyholders:

- Commission from the completed life settlement transaction.
- Continued commission on the policy premiums for the writing agent.
- Commission generated from investment products purchased with the client’s settlement proceeds.
- Commission from new insurance coverage; many clients replace their outdated policies with joint survivor coverage!
- Commission on a conversion, if the policy was term coverage.
- Over-ride commissions by recruiting down-line producers in the life settlement market.

More information about becoming a Life Settlement Agent:
http://www.lifesettlementpro.com/news/life-settlement-agent/

Life Settlement Proceeds
April 25, 2005 by Administrator

The sale of the policy allows the policy owner to realign their assets and cash flow. They are doing so, by taking a formerly illiquid asset and turning it into cash for other purposes.

Purposes such as:

• Unexpected medical expenses
• Long term care expenses
• Replacement of older expensive policies with new less expensive policies
• Charitable gifts made while your are alive to see your money put to use
• Educational expenses for the grand children
• Second homes
• Vacations
• Celebrations
• Or whatever you find of value

Now instead of simply surrendering the policy to the insurance company, the policy owner can sell it for much more. In the case of Term Insurance that has no cash value, hence no surrender value, now there is value where there was none.

It should be noted that surrendering a policy for the cash surrender value is, in effect, the same as selling the policy back to the issuing insurance company. The Life Settlement industry has created a secondary market and therefore competition for policies. Most people are not aware that many of the institutional investors who purchase these policies are, in fact, insurance companies along with pension funds and hedge funds etc.

Life Settlement Qualify
April 25, 2005 by Administrator

Who Qualifies for a Life Settlement?

Our goal is to secure funding for every policy. The professionals at Life Settlement Pro work hard and continue to be very successful in placing even unique cases.

Currently, most funding groups focus on seniors over the age of 65, or policy holders with serious illnesses of any age. No policy is too small to review, and all types of life insurance can qualify.

At Life Settlement Pro, we conduct policy appraisals with no cost or obligation. Call today 1-888-973-8377.

Firm To Offer Regular Life Settlement Rating Reports
April 25, 2005 by Administrator

Firm To Offer Regular Life Settlement Rating Reports
NU Online News Service, April 21, 2005, 2:03 p.m. EDT

A German rating agency says it is setting up a life settlement market analysis service aimed at institutional investors.

The firm, Scope Advisory GmbH, Berlin, already has been issuing occasional rating reports.

The new service will offer Web access to the rating reports and additional research along with a monthly life settlement market newsletter, Scope says.

Institutional investments helped increase the face value of life insurance policies traded through the life settlement market to about $10 billion in 2004, from $3 billion in 2003, Scope says.

Source: National Underwriter

Cancer Viatical
April 22, 2005 by Administrator

Cancer is a disease that is typically caused by the growth and spread of abnormal cells. If cancer can’t be contained by treatment, it can cause death. The causes of cancer can vary and are usually categorized into two categories:

• External Factors – tobacco, chemicals, radiation and infection
• Internal Factors – hereditary mutations, hormones, immune conditions and metabolic mutations

Most cancer is treatable and managed through surgery, radiation, chemotherapy, hormones and immunotherapy; however, some cancers are terminal and cause death. Below are listed the various types of cancer and mortality rates expected for 2002:

* Brain cancer – 13,100 deaths
* Breast cancer – 40,000 deaths
* Colon & rectum cancer – 56,600 deaths
* Leukemia – 21,700 deaths
* Liver cancer – 14,100 deaths
* Lung cancer – 154,900 deaths
* Lymphoma – 25,800 deaths
* Ovarian cancer – 13,900 deaths
* Pancreatic cancer – 29,700 deaths
* Prostate cancer – 30,200 deaths

According to the National Cancer Society:

“This year about 555,500 Americans are expected to die of cancer, more than 1,500 people a day. Cancer is the second leading cause of death in the US, exceeded only by heart disease. In the US, 1 of every 4 deaths is from cancer.”*

End-of-life care for cancer patients involves seeing a barrage of doctors, nurses and therapists. Terminally ill patients can be treated in their homes or in the care of a hospital. During this time of need, the last thing that you or your loved ones should be worrying about is money; however, health care costs for cancer treatments are expensive and those services may or may not be covered by your insurance. Quality of life shouldn’t be a financial factor.

Life Settlement Pro can relieve your financial hardship by providing funds for medical care, mortgages and living expenses. Why spend the last moments of life fighting bankruptcy? Viatical settlements can offer financial freedom.

After all, viatical settlements are about living, not dying. Your viatical settlement pays cash now so that you can enjoy your time with your family and loved ones. Let Settlement Pro help you today!

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