Posted by The Policy Settlement Alliance on Sat, Jul 31, 2010 @ 11:14
By Michael P. Perog
Choosing your
life settlement agent is as important as choosing a guide on a safari in the jungle. The reason I share this with you is that over the past half a decade, I have been involved in a variety of transactions for life settlements, and as your life settlement agent and broker, mitigating through the problems in a jungle is no different from the life settlement industry.
These are very complex transactions, that are timely and take a lot of detailed focused energy. Some of the steps involved are gathering all of the medical information and making sure they are correct from your various doctors, over the past half a decade or more, then we order life expectancy reports at our expense and making sure that the third-party consultants have understood and accurately analyzed your medical records, because if they had not, this would create problems that will cost you money.
We package up all this information and send it to our international multi-billion dollar banking relationships that we have been doing business with for many years. Having these relationships and doing a volume of business with them is what attracts them to bid on your policy because they know our track record and our ability to perform.
We negotiate on your behalf in order to get the most amounts of bids and the highest amounts for your family and your estate. We bring all of those bids to you in full disclosure so you can choose which of them you would like us to pursue and move towards closing on.
The paperwork involved in these transactions can sometimes be quite lengthy, but by having an experienced life settlement agent and having us as your broker is an important variable that you want to have in your favor.
For all of these reasons, as well as to explain other investment opportunities that many affluent seniors are doing with their lump sum of profits is why you need to choose the right life settlement agent to work with. Please know that we want your business and desire to earn your trust by performing. We hope we have explained some of the benefits of working with a group like ours when you are making your choice for a life settlement agent. To find out more, please click now on
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Posted by The Policy Settlement Alliance on Sat, Jul 31, 2010 @ 11:11
By Paul K Arbo
A life settlement agent helps life insurance owners, who no longer wish to keep their coverage in force, to sell their policies to third parties for more money than the policies are worth if they were cashed in or allowed to lapse. The problem is that like all agents involved in life insurance sales, life settlement agents can be honest or unscrupulous. You can tell the difference by getting to know the agent before transacting any business with him. While there are always exceptions to the rule, a good place to start checking out an agent is to review his credentials and work experience. Does he have a professional designation like a CLU (Charter Life Underwriter) or a ChFC (Chartered Financial Consultant)? If so he has passed a rigorous exam which includes testing on ethical standards, and if he is in good standing with the Society of Financial Service Professionals he has a track record in the financial services industry and is also subject to ongoing ethics requirements. On the other hand somebody whose only claim to fame is that he has sold life insurance in the past but portrays himself to be a life settlement agent might be someone whose background and references bear further scrutiny. To find a life settlement agent who has been carefully screened for professionalism and objectivity please complete a short questionnaire about the policy you might consider selling here: LIVEpdq
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Sat, Jul 31, 2010 @ 11:08
By Paul K Arbo
A life settlement broker is an insurance professional who helps people who own their life insurance policies, which they no longer need, to sell the policies for substantially more money than they would be worth if the policies were to be surrendered for their cash value or a pro-rata refund of any unearned premium. A life settlement broker who is a friend is someone who has expertise in analyzing life insurance policies, who has knowledge of the life settlement industry and has relationships with several financially secure, respected third party buyers who have a history of offering top dollars to buy existing life insurance policies. A life settlement broker who is a foe is someone who is out to make a fast buck, does not have the client's best interests at heart and does not understand what the fair market value of a policy is so when they push the sale it is to get the commission rather than get the most value for the seller. If you want to find a settlement broker who is a friend, and get a fair estimate of the potential value of a policy you might be interested in selling, just complete a quick survey here; LIVEpdq
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Sat, Jul 31, 2010 @ 11:04
By Paul K Arbo
First let's define a life settlement, then we can review what a life settlement association is and how it benefits participants. A life settlement involves the sale of an existing life insurance policy to a third party for cash. The third party buyer pays the seller more money than the policy's cash value, and in exchange for the cash and the assumption of the obligation to pay future premiums the buyer receives the death benefit. As you can imagine, when the life settlement industry began it was like the Wild Wild West - there was no sheriff in town trying to keep law and order. Then along came the idea of a life settlement association. Vendors in the life settlement industry aligned together to form a life settlement association to try to bring stability and consistency to how the market transacts business. The beneficiaries of the association and its work to help regulate market dynamics are the sellers and the buyers who are involved in this billion dollar industry. By bringing competition together to develop fair market values for the purchase of life insurance policies a settlement association promotes capitalism at its best, and in a free market all of the honest participants benefit. To find out more about the potential value of a life insurance policy sold in a settlement transaction involving reputable members of a settlement association please complete a quick survey here: LIVEpdq
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Sat, Jul 31, 2010 @ 11:01
By Paul K Arbo
Life settlement companies are involved in the purchase of unwanted life insurance policies. When someone who owns a life insurance policy decides they no longer need coverage, or the premiums are too high, they use to have only two options; cash the policy in or terminate the policy and try to collect a portion of any unused premium. Now there is a much more lucrative option: sell the policy to one of the many life settlement companies doing business today. The problem is trying to find which of the various settlement companies will pay a fair market value for your policy without subjecting you to an unduly amount of work to justify the price. This is where an experienced life settlement broker comes in. A life settlement broker who has developed relationships with several life settlement companies can guide you through the transaction without a lot of hassle because they understand the underwriting guidelines and they know how the transaction will take place from beginning to end. To find a reputable, unbiased life settlement broker a good place to start is to get an honest estimate of the value of the policy you may be considering selling by completing a short survey here: LIVEpdq
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Sat, Jul 31, 2010 @ 10:58
By Paul K Arbo
Life settlement brokers are life insurance professionals who specilalize in helping people who have life insurance policies they no longer need sell their policies to third party buyers. People sell their policies for a variety of reasons - they no longer need the coverage or they can no longer afford to continue paying the premium. When someone decides to retire and must choose a form of annuity payment during retirement, the options range from the highest payout with the lowest guaranteed payment duration - life only - to a low payout with the highest guaranteed duration - Joint and 100% to the last survivor. As an example, a life only payment (the payment ceases at the annuitant's death, even if that occurs in the first month) might be $7,000/month while a joint and 100% last survivor payment (same monthly $ benefit while either the husband or the wife is alive) might be $4500. Smart retirees take the life only payout of $7,000/month and with the extra $2500/month they might spend $1500/month on a life insurance policy to protect their spouse; if they die and the $7,000/month retirement annuity stops the death benefit from the life insurance policy would provide the surviving spouse money to replace the lost $7,000/month. But what happens if the smart retiree's wife pre-deceases him and he doesn't need the life insurance policy anymore? Simple. Life settlement brokers will help him sell his policy for a substantially higher amount of cash than the cash surrender value of his policy, plus he will then have full use of the total $7,000/month for the rest of his life. To find life settlement brokers who can help you get a fair market value for your life insurance policy just complete a quick survey here: LIVEpdq.
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Sat, Jul 31, 2010 @ 10:55
By Michael P. Perog
Funding life settlement is generally completed by huge multinational banks that are making offers on your universal life insurance policy when you are over age 70 as a United States citizen. These institutions that fund your policy premium payments until maturity are generally hedge funds, large banks, pension funds and the like.
We have relationships with dozens of organizations that are funding life settlement and have been successfully completing life settlements as brokers for over 10 years. Our track record has been helping families turn a life insurance policy that is an illiquid asset into a lump some of cash. We have performed and delivered many millions of dollars to families all over America.
We would like to earn your trust and your business. We are all about performing and getting you bottom line cash results. Please click on LIVEpdq now so we can help you value your policy now and see if funding life settlement works for you.
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Sat, Jul 31, 2010 @ 10:51
By: Joseph W. Horner
In recent years there has been such talk about how the life settlement market is an uncorrelated asset. Meaning it is not tied to any stock market, or affected by the price of oil or the happening in overseas economies. But is that really true?
While it is true that the longevity factor associated with the life settlement market is unique to this market. To say that the life settlement market is an uncorrelated asset class is not quite true. The fact is that the institutional investor monies that enable the most of the provider to purchase policies are in fact very affected by the stock markets and worldly events. Life settlement yields rise and fall fairly in sync with the rise and fall of the yields on treasury and corporate bonds. With the spread between the two being the risk factor involved (this goes back to the longevity factor of not knowing exactly when a person is going to die so that you can’t tell exactly when the investment will pay off- unlike a Treasury or Corporate bond which has a stated maturity). Another thing to look at is that many corporations and even governments are having to refinance their debt. This means the life settlement providers now have to compete with them for investor capital which can raise the price of the capital or even make it unavailable. This can affect there ability to purchase policies or service ongoing premiums.
An insurance carrier can also be affected by the same capital forces mentioned above which could affect their investment portfolios thus causing them to readjust their interest rates or mortality costs in their blocks of inforce policies (they can not do this on guaranteed type policies).
So while there certainly are parts of the life settlement market that are uncorrelated to the stock markets and world events other parts are a little more closely tied then is sometimes explained in the media buzz and marketing hype.
To learn more about the life settlement market click on the LIVEpdq link now.
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Fri, Jul 30, 2010 @ 06:15 PM
By Michael J Collins
Viaticals as we stated in previous blogs are used by individuals who are chronically ill, or terminally ill to pay for extended medical bills or end of life care. Yet, what requirements for viatical brokers are there? Viatical brokers tend to be the same type of broker that life settlement agreements use.
The method for selling a viaticals agreement is slightly more detailed. A broker will typically receive detailed health records on the policy holder which he will then hand to an independent assessment firm that will evaluate, based on health, how much the policy maybe worth. It will be then, that the selling price for the viatical settlement will be set.
In closing the key to dealing with a viatical broker is the same as dealing with a life settlement broker. You must have a full understanding of who that broker is and how they operate. Viaticals provide the needed financial security that ease the mind of the policy owner during these times. For a free policy review visit our LIVEpdq link today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Fri, Jul 30, 2010 @ 06:11 PM
By Michael J. Collins
What is viatical? It is an agreement is one that is made by a terminally ill, or chronically ill policyholder that has an unwanted or undervalued life insurance policy. Typically proceeds from the sale in a viatical settlement are used to pay for mounting health care costs.
These settlements either provide the policyholder with the ability to pay for previously unaffordable health care, or help to take care of the current health care cost. By being able to use the life insurance policy that was reserved for after death to beneficiary. The policyholder can typically improve the quality of their life. Viatical settlements are a viable option for anyone stuck in a situation with mounting medical bills, and nowhere else to turn. In closing if you or someone you love is in need of financial relief; than contact a life settlement broker soon in order to gain more information about viaticals and how they may help you. For a free policy review visit our LIVEpdq link today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.