Posted by The Policy Settlement Alliance on Mon, Aug 23, 2010 @ 03:19 PM
By Ken R. Leisher
Viatical and Life Settlement Association of America is actually not yet formally active as the industry is still relatively new and the groups are currently formed separately and are active in regulatory work. Viatical settlements have been formally regulated for some years while the life settlement industry is formally newer.
Several states are active in regulating both viatical and life settlements and several carriers are participating in sharing information and statistics.
As organizations become a clearer way to improve the industry for brokers and customers, the designation of Viatical and Life Settlement Association of America should be formally created any day. These organizations help to educate industry professionals and help with regulating viatical and life settlement transactions, which the Viatical and Life Settlement Association of America will do as well once it is created. For more information and to see if you qualify for a life settlement click on 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 Mon, Aug 23, 2010 @ 02:44 PM
By Ken R. Leisher
A viatical investment is generally an option used for terminally ill insureds that are determined to have 24 months or less life expectancies. By purchasing the policy, the buyer is in essence providing a discounted advance of death benefits which under current tax regulation, tax free. Viatical investment transactions are generally a choice when the insured is the owner and has the need for cash during their last days.
Viatical settlement choices are also an option that may allow the owner to re-direct funds to areas not originally planned in the beneficiary designations.
Viatical settlements can provide maximum returns if the broker is well versed and connected to this market. Time and turn around is critical in considering viactical settlements so be certain that complete details of medical history is provided. More information and details of the terminal illness and the physicians and hospitals will help.
Obviously life expectancies for a viatical investment are in no way a death sentence and are only a best guess in a financial transaction so please recognize the importance of them in the proper perspective. For more information please click on 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 Mon, Aug 23, 2010 @ 09:40 AM
By Ken R. Leisher
Settlement life insurance can be a category that helps everyone identify policies that work the best to sell and bring the largest cash offers. Settlement life insurance policies require the best features of flexibility in premium streams allowing minimal payments.
Not only is flexibility critical in determining the most valuable settlement life insurance but also the quality of carrier that guarantees the policy. Finding out company ratings is easy and as simple as an internet search. A.M. Best, Moody's and S&P are the most popular sources for ratings. Remember the higher the rating, the higher the offer and the lower, well you should expect a lower than normal offer.
Lastly, the insured's life expectancy vs. the insured's original rating will have the highest impact on the settlement value. Shorter expected life expectancy with a lower premium from a highly rated company on an extremely flexible premium policy will bring the highest "cash" offers. For more information and to receive a free policy evaluation click on 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 Mon, Aug 23, 2010 @ 09:38 AM
By Ken R. Leisher
The settlement options for life insurance can be critical when the owner decides the policy no longer meets the original needs it provided. The settlement options for life insurance can also be part of the decision when purchasing life insurance and determining the value of the contract entering into.
Taking the lesson the investing business has exposed is important to learning why some policies bring the highest offers. The settlement options for life insurance can be more valuable than most of the add on options the company is offering at the time of purchasing life insurance.
Most important to the life insurance settlement options is the "CASH" that can solve financial stress for elderly owners that no longer can afford on going premium requirements. Instead of draining resources, use the life insurance settlement options and solve financial needs while the insured is alive. For more information and to receive a free policy evaluation click on 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 Mon, Aug 23, 2010 @ 09:33 AM
By Ken R. Leisher
Universal settlements are the best choice of generic policy form in obtaining the highest offer for the life settlement markets. Universal settlements could be interpreted as something larger but simply may be universal life. Universal life as a design has the flexibility to pay minimum premiums and have the "COI's" or cost of insurance deducted from the account values of the policy. COI"s or a combination of expenses that include mortality risk cost are paying the death benefit expense while the "values" fund the costs.
Universal settlements may categorize the broad spectrum of policies the market place can offer on as well. Almost every kind of policy that is transferable as an owner and beneficiary can qualify universally. Understanding where your policy fits in the market requires experience professionals that will negotiate on your behalf. If the broker you choose does not understand the market, you will not be successful. Picking the right broker might be the universal settlement choice in selling your policy. For more information please click 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, Aug 14, 2010 @ 02:17 PM
By Ken Leisher
Choosing the right viatical settlement broker will be as important to the transaction as deciding whether a viatical settlement is right for you. Ultimately having the right information requires an experienced broker who understands both the consequences of the transaction and the best sources to shop your policy.
Getting the best viatical settlement broker may require referrals, some research on your part and should not be just based on someone who knows a licensed broker. Make sure the viatical broker you choose has worked with viaticals recently and often... Being "out of practice" is not the broker for you because that means they are not really into today's financial market and therefore may not get you the best offer on your policy.
The best viatical settlement broker could mean the difference of hundreds of thousands of dollars in your pocket. For more information on viatical and life settlements and for a free policy evaluation click on the LIVEpdq link.
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, Aug 13, 2010 @ 09:58 AM
By Ken Leisher
A viatical settlement misconception is that you must be dying when in fact it is a life "expectancy" of 24 months or less. Obviously the debate on paper may not be your assessment of how long you feel you will live. A viatical settlement transaction assumes the "likelihood" is high that your death proceeds are needed during financially trying times.
Viatical settlements may be the right choice if the offer provides cash that can be used during your living years or "re-directed" to the sources that weren't included in your estate. That strategy may solve other plans that were not there when the original policy beneficiaries where designated. The viatical settlement process may be a good choice.
Choosing the viatical transaction approach requires an experienced broker who can advise you on how your choices can create results that you choose today. For more information on viatical and life settlements please click on the LIVEpdq link.
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 Thu, Aug 12, 2010 @ 11:02 AM
By Ken Leisher
Viatical life settlements have been around for many years as an accepted method of providing "TAX FREE CASH" in advance of death. Securing a valid settlement through viatical life settlements must be a legal agreement based on a life expectancy of 24 months or less.
Viatical life settlements may define terminal illness or life expectancies of less than 24 months but in fact are viewed as an advance of death proceeds from a tax standpoint. The discount to the funder allows the viatical settlements to profit if death occurs early, but even if longer than 24 months.
The margins for error do not take into account the "miracles" that can occur when betting on death so the losses are priced into transactions. Most viatical settlements are made by companies that invest in multiple risks and are experienced in the specialty of short life expectancies. For more information on viatical settlements and to receive a free policy evaluation click on the 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 Wed, Aug 11, 2010 @ 10:24 AM
By Ken Leisher
A viatical life settlement provider is the financial institution or group that funds viatical settlements. Most states and jurisdictions require licensing so insist on knowing that your viatical life settlement provider is licensed and approved to conduct business in your state.
The viatical life settlement provider will require numerous documents to be signed and notarized before funding the agreement to sell your policy. To insure the transaction, consider asking your broker to clarify any language or statement you don't understand. There are several moving parts when it comes to a life settlement and your broker is there to help you understand them all.
Generally a viatical settlement provider is a recognized name or institution. If they are not, get their background from the state insurance department or ask your broker to provide it. For more information on viatical settlements and to receive a free policy evaluation click on LIVEpdq 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 Tue, Aug 10, 2010 @ 03:54 PM
By Ken Leisher
A viatical life settlement broker must be experienced in the specifics of viaticals versus life settlements. While the markets are similar, there are many aspects of viaticals that require your viatical settlement broker to be experienced and have ALL the industry contacts necessary to secure that best offer.
A viatical life settlement broker may represent themselves as experts so ask them about their background and when they last negotiated a viatical and what the results were. Decisions by the insured can be compromising due to poor health and the prospect of dying as well as financial stress. Solutions using viaticals require careful consideration and professional advisors. A viatical life settlement broker must provide you with credentials so don't hesitate to ask for them. State licensing in your jurisdiction may be required as well as life insurance licensing. Ask for both. For more information on life settlements and for a free policy evaluation click on the LIVEpdq link.
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.