November 10, 2005 by Administrator

The bottom line is life settlements equal more money than seniors’ insurance company will give them, every time.

Underwriting begins after the broker receives the client’s medical records, a completed appraisal form, and a copy of the life insurance policy. Approximately two weeks after receiving this information the broker begins bid negotiation for seniors’ policy*. Within that week, the broker will contact the client to present current offers. After an offer is accepted, seniors will be presented with a purchase contract and change forms to begin the closing process of their life settlement. The change forms are then submitted to the insurance company and then once the escrow firm receives confirmation of the transfer of their policy’s ownership, a check or wire transfer will be made within two business days**.

*The underwriting time table can vary depending on the responsiveness of seniors’ life insurance company.
**The average transfer of policy ownership takes seven days depending on the responsiveness of seniors’ life insurance company.

November 9, 2005 by Administrator

For many people, life insurance premiums become unaffordable or are no longer necessary. Life Settlement can provide the flexibility seniors need to make this valuable asset work FOR them.

Life Settlement solutions help seniors in selling their life insurance policy for a cash settlement. Unlike surrendering their policy with the insurance company, a Life Settlement can offer seniors significantly more money now that they can use to help realize their dreams.

Life Settlement is an easy and effective method to capitalize now on the enormous value of seniors’ life insurance policy. They then use their money to pay debt, offset stock market losses, or purchase items they’ve always dreamed of.

A life settlement is selling seniors’ life insurance policy for a cash settlement. This may sound like surrendering their policy with the insurance company, however it is quite different. A Life Settlement gives seniors more money than the insurance company. Life Settlement provides more money because it uses factors like your age, health, and premiums to decide what seniors policy is worth. Also, a number of life settlement companies are given the opportunity to purchase seniors’ life insurance policy. This competition generates cash settlements that are much more money than taking their surrender value. In the end policy holders end up with the true market value of their life insurance policy.

Call 1-888-973-8377 or fill out our FREE Online Life Settlement Quote Form.

November 3, 2005 by Administrator

Life settlements are the opportunity to provide a highly profitable alternative to your clients that are over age 65, or those living with an illness. Also known as Life Insurance Settlements and Senior Settlements. Financial professionals all across the country are building a significant profit center by offering their clients life settlements. This can be done without altering your focus or changing your current business plan.

Life Settlements Pro provides the tools, support, marketing material, and education necessary to offer life settlements as a complimentary service.

Financial and estate planning needs are constantly changing and the demand for more flexible financial tools is evident and quickly increasing. A life settlement can help you meet these challenges with great monetary benefits to you and your clients. This represents a unique opportunity for today’s financial planners, estate planners, life agents and other financial professionals.

Contact Life Settlement Pro for information how you can start offering Life Settlements to your clients today!

November 3, 2005 by Administrator

Viatical Settlements can be used to eliminate costly life insurance premiums.

In addition to eliminating the payment of premiums, a typical Viatical Settlement from a viatical settlement company yields two to three times more money than by surrendering a Universal or Whole Life policy. Term policies have no cash surrender values at all. As a viatical service we understand those who are facing a life-threatening illnesses like AIDS or Cancer fight every day to simply maintain life itself. This struggle is overwhelming enough, without the burden of financial hardships.

Call 1-888-973-8377 to see how a Viatical Settlement can help you elminate your costly life insurance premiums.

November 2, 2005 by Administrator

As I reading some aritcles today, I noticed a tidbit of informaiton from a Lincoln Financial Group press release. This doesn’t give much detail but shows that Life Settlement industry is hurting their profit expectations. They are used to enjoying the high lapse rates of life insurance policies to bring in more profit.

With a Life Settlement, now the consumer has the option to receive a payout instead of nothing for a lapsed policy. Also as life settlement can most likely provide a higher payout for your cash surrender value.

The effect of life settlement business on persistency assumptions
used in pricing life insurance business, which may cause
profitability of some business to fall below expectations and could
potentially result in deficient reserves.

Call 1-888-973-8377 to speak with a Life Settlement Specialist or get a Free Life Insurance Policy Analysis today.