September | 2005 | Life Settlement News

September 21, 2005 by Administrator

Life Insurance Settlement Company used to be two options when a senior had a life insurance policy that was no longer needed or wanted. Those two options were to either let the life insurance policy lapse or cash in the policy for its surrender value (Cash Value).

Now with the creation of the life settlement market, seniors have an exciting opportunity to capitalize on their current life insurance policy. Life Settlement Companies allow seniors to cash in their life insurance, but in a new way. Instead of cashing in their policy with the original life insurance company, they can work with a life settlement brokerage to cash in their policy with a financial institution that will pay more than their insurance company.

You may ask, why not just go to the financial institution or insurance company instead of work with a life settlement brokerage? Its simple, life settlement brokers work with a multitude of financial institutions that purchase policies. Brokers create competition among these providers, investors, and institutions that purchase your policy and as a result you receive more money that you would working directly with one. We also provide the customer support and knowledge to make sure that your life settlement is processed and handled to protect your privacy and also maintain your best interests.

A life settlement is the simplest way to maximize the value of your current life insurance policy. As a financial planning tool, a life insurance settlement is something that will generate great return on your life insurance policy. Call toll free today to speak with a Life Settlement Professional, 1-888-973-8377.

Life Settlement Industry Sends $35,000 to Katrina Relief

September 19, 2005 by Administrator

ORLANDO, FL — (Market Wire – Sep 16, 2005) — The Viatical & Life Settlement Association of America (VLSAA) announced today that it and its members have made a thirty-five thousand five hundred and seventy dollar ($35,570) contribution to the American Red Cross Hurricane Relief Fund for the benefit of the victims of Katrina.

Members of the VLSAA have given in excess of $25,000 which is on hand and other checks have been given to other organizations by Members. In addition, the VLSAA’s Board of Directors added a $10,000 contribution from the treasury of the Association. The donation of $35,570 was delivered in 52 checks to the local offices of the American Red Cross in Orlando, where the VLSAA is headquartered.

“Over the years, our growing, though small, industry has demonstrated its commitment to compassionate treatment of insured individuals and families in times of crisis,” said Executive Director, Doug Head. “With this set of donations, we are joining with our fellow Americans in extending our hand to the people of the Gulf Coast and New Orleans.”

The Viatical & Life Settlement Association of America is the major association group representing the greatest number of and the largest companies in the industry. Its mission is to promote the development, integrity, and reputation of the viatical and life settlement industry while promoting a competitive market for the people it serves.

“I am proud of the efforts of our group and impressed with their response to our request for generous donations,” said M. Bryan Freeman, the VLSAA’s President.

VLSAA
1504 E. Concord St.
Orlando, Florida 32803

Contact:
Doug Head
Executive Director
Tel: 407-894-3797

Life Settlement Liquidation

September 16, 2005 by Administrator

Life Settlements – Liquidate your life insurance policy and receive money you can use now. Eliminate premium payments and get the true value of your life insurance policy. Life Settlements (Senior Settlements, Life Insurance Settlements) let you benefit now from unwanted or unaffordable life insurance policies. We makes it possible through our private funders and companies.

Find out the true value of your life insurance policy, call 1-888-973-8377 to speak with a Life Settlement Professional. You can also fill out our free online quote form.

World’s First Life Settlement Exchange Opens for Advisors

September 16, 2005 by Administrator

SAN DIEGO, Sept. 15 /PRNewswire/ — LifeX, Inc. is pleased to announce,
from The Financial Planning Association’s 2005 convention in San Diego, that
its online trading system for buying and selling unneeded life insurance
policies on the secondary capital market is now available for all financial
advisors.

“LifeX is the best tool advisors can use to manage life settlement transactions. The LifeX trading system is free, simple to use, and links advisors directly to buyers,” said Ronald C. Alexander, President & COO of LifeX. Advisors initiate auctions by listing cases and scheduling auction dates at no cost. Buyers then compete against each other in web-based, real-time auctions, until only the high bidder remains. LifeX’s open auctions allow
buyers to see what others are offering, enabling a clear understanding of the market price for a policy.

LifeX streamlines the secondary market for life insurance. “Until now, life settlement negotiation has been an art. LifeX makes it a science,” said I. James Cavoli, Chairman & CEO of LifeX. The Company estimates that the speed and efficiency of its open, forward auction format will eliminate weeks, and in some cases months, from each negotiated settlement, while delivering scale and transparency to the market.

On April 29, 2005 LifeX completed the World’s first online life settlement. Since April, the firm has refined its electronic exchange platform, been approved for Ohio’s Technology Investment Tax Credit Program, and raised private equity to fund growth.

About LifeX, Inc.
LifeX is an electronic exchange for buyers and sellers of unneeded life
insurance policies in the secondary market. The patent-pending platform is the
world’s first online trading system that generates fast, fair, and verifiable
offers for life insurance policies directly to sellers from qualified buyers.

Q Capital Strategies, LLC to Appear on World Business Review TV Series

September 16, 2005 by Administrator

Q Capital Strategies, LLC to Appear on World Business Review TV Series Hosted by Alexander Haig – September 17, 2005 on CNBC (As Paid Programming)

BOCA RATON, Fla.–(BUSINESS WIRE)–Sept. 15, 2005–Multi-Media Productions (USA), Inc. announces the appearance of Q Capital Strategies, LLC on World Business Review hosted by General Alexander Haig.

For many senior citizens, there are substantial amounts of money tied up in life insurance policies that may no longer be needed. But there are alternatives to simply surrendering the policies to insurance providers. In this segment of World Business Review, Q Capital Strategies, LLC will discuss new ways to cash in, or re-deploy, financial assets.

Steven Shapiro, President and CEO, Q Capital Strategies, LLC, explained, “Q Capital Strategies provides an important financial planning tool for older Americans. We accomplish this by unlocking value tied up in illiquid life insurance assets. We solve the problem by buying policies no longer needed or desired for an amount in excess of the cash surrender value and providing seniors with the proceeds to accomplish many different goals.”

About Q Capital Strategies

Q Capital Strategies, LLC is a leading purchaser of life insurance in the secondary market. The company purchases currently in-force life insurance policies in transactions known as “life settlements” or “senior settlements.” Supported by its proprietary QUOTE(TM) platform, the company is able to process and service the increasing policy volumes in this high growth industry. With a management team that has extensive insurance and finance experience, the company is positioned to be a leader in the life settlement industry for years to come.

Q Capital Strategies is a privately-held company with offices in New York City and Boca Raton, Florida. Additional information on the company is available at http://www.qcapitalstrategies.com

About World Business Review

World Business Review airs on CNBC (as paid programming) and the Bravo! Network (as paid programming). World Business Review may also be viewed on United Airlines in-flight TV, or through video on demand via www.wbrtv.com

The WBR Series is also available at more than 90 prestigious colleges and universities, including Carnegie Mellon University, the University of Notre Dame, Dartmouth College and Georgetown University.