May | 2005 | Life Settlement News

May 18, 2005 by Administrator

Did you know that life insurance policies make great charitable donations?

Many members of the senior community wish to donate to their favorite non-profit charities and causes but feel limited as to the amount they can afford to give. What many seniors will be surprised to know is that their current life insurance policy may be worth more than they realize when it is donated and converted into cash through a process called Life Settlement.

Benefits for the Policy Holder After Selling His/Her Life Insurance

* Receive a considerable amount above the cash surrender value of the policy.
* Provide funds for charitable giving or cash gifts for family members.
* Relieves the individual of further premium obligations.
* Receive tax deductions for sales vs. cash value.
* Provide individuals with philanthropic options.

Benefits to the Charitable Organization

* Create cash for capital projects.
* Build stronger relationships with donors.
* Provides a new planned gift strategy to donors 65 years and older.
* Receive donations from individuals who otherwise could not contribute.
* Generate cash to bolster sagging endowment due to poor investment performance or other economic strains.
* Endowment policies can be evaluated to create a predictable cash flow stream for your organization.

Call toll free today at 1-888-973-8377 to speak with a professional who can assist you with your life settlement transaction.

Learn the Life Settlement Process

May 16, 2005 by Administrator

A life settlement can seem like a complex transaction, but with Life Settlement Pro we make it as easy is possible.

I have gotten quite a few emails asking about the settlement process, lenght, and other processing questions. We decided to put together a Life Settlement Process page, this page should help you understand that steps that are involved during a life settlement (senior settlement, life insurance settlement).

The full URL is:
http://www.lifesettlementpro.com/process.html

If you have any additional questions, or need a better explanation you can reach us through our onine contact form or toll free at 1-888-973-8377.

Also please take a couple seconds to fill out our policy evaluation form so we can perform a FREE life settlement appraisal and quote on your policy.

Senior Life Settlement Provider

May 16, 2005 by Administrator

Senior Life Settlements, also referred to as Life Settlements or High Net Worth Transactions, are enhancing the Quality of life now, for seniors over the age of 65 that do not need their life insurance and would benefit by having immediate cash in hand.

A Senior Life Settlement is the sale of an unwanted or unneeded life insurance policy by a senior citizen (65 or older) in return for for a single cash payment (a Life settlement). The senior citizen can sell their life insurance policy (just like any other property) a get the benefit of immediate cash that he can use however he wants…to pay off a mortgage, spend on a vacation, buy a car, etc. With a Senior Life Settlement the seller of the life insurance policy receives a cash amount which is greater than would be received by surrendering his life insurance policy to the insurance provider.

Life Settlement Pro is your provider for Senior Life Settlements, please contact us toll free at 1-888-973-8377 or via email to disucss your situation. We are always here to help.

Viatical Settlement Brokers

May 16, 2005 by Administrator

Viatical Settlement Brokers and what they do.

Viatical settlement brokers are the most important factor for you to obtain a good quote for your policy. Many of the viatical settlement brokers on the Internet have little or no experience in the field or are only representing one or two funding companies. This will limit their flexibility in finding good quotes for your particular situation. It also limits their ability to analyze and create various options for you to consider.

LifeSettlementPro.com’s staff has the advantage of many years of experience in this business. As an experienced broker we carefully analyze your policy, your health records and your personal situation. We then place your case with the appropriate funding source for your specific needs and situation. This saves you both time, effort and money. By carefully analyzing your case, your needs and your wants we can work with you to provide you the best service available and the best quote possible.

Please send us your feedback to info@lifesettlementpro.com

Viatical Settlement Outline

May 13, 2005 by Administrator

Viatical Settlements

If you have a terminal illness — or if you are caring for someone who is terminally ill — chances are you’re giving a great deal of thought to time and money. You may be thinking about life insurance, too. It’s in that context that you may hear the phrases “accelerated benefits” and “viatical settlements.”

Accelerated benefits sometimes are called “living benefits.” They are the proceeds of life insurance policies that are paid by the insurer to policy holders before they die. Occasionally, these benefits are included in policies when they are sold, but usually, they are offered as riders or attachments to new or existing policies.

Viatical settlements involve the sale of a life insurance policy. If you have a terminal illness, you may consider selling your insurance policy to a viatical settlement company for a lump sum cash payment. In a viatical settlement transaction, people with terminal illnesses assign their life insurance policies to viatical settlement companies in exchange for a percentage of the policy’s face value. The viatical settlement company, in turn, may sell the policy to a third-party investor. The company or the investor becomes the beneficiary to the policy, pays the premiums, and collects the face value of the policy after the original policyholder dies.

Decisions affecting life insurance benefits can have a profound financial and emotional impact on dependents, friends, and care-givers. Before you make any major changes regarding your policy, talk to your friends and family as well as to someone whose advice and expertise you can count on — a lawyer, an accountant, or a financial planner.

If you would like to discuss your personal viatical situation, please call us toll free at 1-888-973-8377,