Posted by The Policy Settlement Alliance on Wed, Sep 01, 2010 @ 01:14 PM
By William L. Curry
A life settlement agent can provide value in several ways.
First, a life settlement is a transaction where the owner of a life insurance policy sells the policy to a third party.
An experienced life settlement agent can walk the policy owner through the many steps involved with selling a policy.
The life agent can help with the decision regarding whether to use a broker or to sell directly to a life settlement provider.
The agent can help gather all the relevant policy information as well as assist in gaining life expectancy estimates.
Prior to completing any sale of existing insurance policies, a competent advisor/agent should be able to help determine your current insurance needs.
A life settlement agent that acts as your advisor can not only save you a tremendous amount of time and energy is the sale of your policy, they should be able to provide an education about the life settlement marketplace. The competent advisor should be able to negotiate the best offer for you and if there is a desire to maintain some amount of life insurance on your life, show you the most efficient way to do so. Click the LIVEpdq link to be connected with a competent advisor.
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 @ 05:17 PM
By Ian F Smith
The basic role of a life settlement agent is to participate in the packaging and marketing of the life settlement policy. However, the bigger role is to act as educator, facilitator, negotiator and deliverer.
A life settlement agent as an educator begins with their knowledge and experience in the settlement market. As clients look for answers to their insurance questions, the education process begins. Clearly outlining and informing the client about the options of settling a policy is an education process. There is a ton that the client needs to know from how the process works to setting expectations.
A life settlement agent as a facilitator is a large undertaking. There are countless documents to complete for life expectancy reports to projected illustrations to marketing to the right brokers and funding companies. Keeping a close eye on the details and following up on additional requirements can be very time consuming.
A life settlement agent as a negotiator begins when the offers start to come in. Working with different companies and sharing information can be a delicate process, and this is where an expert agent earns his/her worth. The bottom line result is to negotiate the absolute best possible offer for the client without leaving any stone unturned.
A life settlement agent as a deliverer is the most rewarding part. After working the client through the long arduous process, finally bringing home an acceptable deliverable to the client is the icing on the cake. When the client receives the cash payout there is typically a feeling of relief from both parties. Naturally the client is the happiest.
The client comes to their agent with a problem and the agent turns into a multifaceted settlement agent who wears multiple hats to help provide a solution. Visit our LIVEpdq webcast to find your settlement agent and receive a free policy evaluation.
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 @ 01:43 PM
By Edward E. Leisher
Choosing a life settlement agent is something that should be done with a lot of thought and careful consideration. There are a lot of moving parts that go into a life settlement transaction so you want to make sure that you choose a life settlement agent that is reputable and has been working in the industry for quite some time. A good life settlement agent will make the transaction as easy as possible on the insured and will negotiate the best price possible for their life insurance policy. There are many agents out there that will advertise themselves as being “experienced”, but in reality they may have only negotiated a handful of life settlement transactions this is the type of agent that you want to stay away. It is important to ask the right type of questions when researching agents to help with a life settlement.
To see if a life settlement will benefit you please 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 Fri, Aug 06, 2010 @ 11:07 AM
By Scott J. Dressel
First and foremost the primary responsibility of a life settlement agent is to educate the consumer with accurate and factual information about the emerging and sometimes bewildering industry of individual life insurance settlements. A large majority of consumers who own individual life insurance policies may not even be aware that there is an alternative to surrendering their policy for the cash value offered by the issuing carrier or simply in the case with policies with no internal cash value (such as term life insurance or permanent with no cash surrender value) allowing the contract to default. The alternative is selling this asset with the help of a life settlement agent. For the consumer it is advantageous to use a life settlement agent since the agent deals in this environment for a living well in comparison the consumer is conducting a once in a life time transaction. For the consumer to get the possible help in terms of service and cash offer for their life policy they need to use an intermediary. For a free policy review to see what your policy is worth visit our 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 06, 2010 @ 11:01 AM
By Amie M Wirth
A life settlement agent is your key to the settlement of your life insurance policy. Finding one may not be as easy as it seems. Many life insurance agents claim to process life settlements, but what they really do is contact a life settlement agent that will do the work for them. In turn that life settlement agent contacts a life settlement broker who is actually the one in contact with the funders that will purchase your policy.
This is a problem for you because the more people involved in the transaction, the more people need to get paid and that payment comes as commission on the sale of your life insurance policy.
Any life settlement agent that you are direct to from clicking our LIVEpdq link is an actual agent with a broker right behind them- no more middle men trying to take what should be yours. By clicking our LIVEpdq link you get a free policy evaluation as well as the knowledge that all commissions will be fully disclosed even though we are not required to do so.
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 05, 2010 @ 11:08 PM
By Joseph W. Horner
If you are considering the sale of one or more of your life insurance policies it would be a good idea to engage the assistance of a life settlement agent. Depending on licensing this could be different than your life insurance agent as a different license for processing life settlements is needed in many states. While many life insurance agents have registered themselves as a life settlement agent you will need a licensed entity involved to complete these transactions in most states.
A life settlement agent has a job to ensure he or she is working in the policy owner’s best interest to assure the owner receives the best settlement possible along with following all appropriate guidelines to safely guide the policy owner through what can be a complicated process. To obtain the best possible settlement for a policy a life settlement agent needs to ensure a policy is presented in its ‘best light’ to as many investors that are looking for the characteristics of the policy. Additionally the settlement agent needs to have an idea of what the policy is worth on the open market to an investor. By knowing this a ‘low ball’ bid can be avoided as well as providing advice to the policy owner of letting them know when an appropriate offer has been relayed and should be accepted before the investor moves on to another potential policy.
A life settlement agent earns their commission by doing a good job throughout the process and ensures the policy owner feels good about the final deal that has been made for the policy. By any large this is accomplished with a good settlement agent but at any time if one feels uncomfortable that the policy owner’s best interests are not in line a replacement should be sought out.
To learn more about finding a settlement agent please visit 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 Wed, Aug 04, 2010 @ 03:59 PM
By Rick S Cantville
Choosing your life settlement agent will be the first step in starting the life settlement process. Your agent will be the person that will guide you through the life settlement process and assist you in completing your case.
Your life settlement agent will be required to gather some initial information from you in order to start the settlement process. This information will include policy information, owner information, and the insured's health information. This information will normally be processed by a life settlement broker and submitted to the funding sources that will ultimately purchase your policy.
The life settlement process can be time consuming, so patience is a must, although most settlements are completed within a 3 month period.
Ensure that the life settlement agent is knowledgeable and has a good relationship with his life settlement broker, since the broker will have the responsibility of negotiating the offers with the funding sources.
To determine the value of your life insurance policy, we invite you to visit our online valuation tool, 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 @ 11:14 AM
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
LIVEpdq
Posted by The Policy Settlement Alliance on Sat, Jul 31, 2010 @ 11:11 AM
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 Tue, Jul 27, 2010 @ 07:22 AM
By Timothy A McQueen
A life settlement agent plays a key role in the settlement process. Your agent or broker should know what your financial goals and needs are in order to best serve you. With that knowledge your agent can determine not only if a life settlement is an option for you, but if one suits your personal financial needs. Once that decision is made your life settlement agent will package your life insurance policy and financial information together with medical records and life expectancy reports in order to make them appealing to funders. An agent or broker will then “shop” the policy to multiple funders for offers on the sale of the policy. Once the offers are in, the agent will review each one with you and help you determine which offer best meets your financial needs or goals.
All life settlements are not the same. Each one brings a new financial and personal story. Having an experienced life settlement agent that understands your needs and goals will ensure a successful life settlement.
Click the LIVEpdq link for a free life settlement evaluation today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.