February 22, 2009 by Administrator

21st Services has announced that it is offering prescreening for life settlement cases with its new evaluation tool, the CLPR. Clients provide their own medical information, either online or in a phone interview. The release coincides with the introduction of online enhancements for the company’s main life expectancy evaluation and the launch of a new company website.

  • 15-20-minute process – either online or with a 21st Services tele-interviewer.
  • Medical data is provided by the client in a structured questionnaire.
  • Works well for clients who have a good understanding of their conditions, medications and health history.
  • Highly reliable – results are comparable to our medical-records-based reports.
  • Comprehensive report has value even if a life settlement isn’t appropriate. Provides the client with valuable longevity insight – and can uncover other financial needs and opportunities.

The CLPR is a life expectancy evaluation that is based on information the client provides about their specific medical, family and personal history. They can provide that information in a guided phone interview with a representative of 21st Services OR they can provide it at our website, through an online questionnaire.

You can’t close a life settlement case based on a CLPR report, but it will give you a good sense of the client’s eligibility for a life settlement – without the expense of a full LE. The results can also suggest other opportunities for financial products and services that may be of benefit to the client.

Online eCLPR Prescreen: $60
Telephone CLPR Prescreen: $110

Here is a sample CLPR report: Download

February 11, 2009 by Administrator

With all the doom and gloom news we have been hearing, this some positive news.

Cantor Fitzgerald, the global financial services firm, is helping individuals who need extra cash sell their life insurance policies to institutional investors. Cantor LifeMarkets Chief Executive Officer, Stuart Hersch, says the value of policies traded, currently an estimated $20 billion of face value, is likely to reach $100 billion in the next five years.

Cantor LifeMarkets is dedicated to the development of new and innovative processes and products that bridge the financial and life insurance markets. In 2007, Cantor LifeMarkets opened LexNet, an online marketplace for trading life insurance policies. (Similar to a Life Settlement Auction)

Read a full write up on Life Settlements over at LifeSettlementInfo.com

February 6, 2009 by Administrator

It looks like we have more news about life settlement investment fraud. It seems that investors put about $2 million into the Elucido fund to purchase life settlement contracts, and the funds were misplaced.

SEC has frozen the assets of the private fund manager Scott M. Ross of Gilberts, Ill.

Read the complete release here:
Scott Ross Allegedly involved in Life Settlement Fraud (Thanks to Life Settlement Fraud)