Posted by The Policy Settlement Alliance on Wed, Aug 18, 2010 @ 02:47 PM
By Michael J. Collins
A life settlement company is typically made up of brokers that work with one of the two sides of the life settlement industry which are viaticals or life settlement agreements. The settlement company does tend to aid high net worth individuals in escaping unneeded or unwanted life insurance policies. A life settlement company can for the most part offer several different services to aid a high net worth individual in the process of selling life insurance policy.
Typically they may have an accounting service, or even finance professionals. These professionals will aid clients in estate or retirement planning. Life settlement companies also tend to work with charities for those individuals who are looking to donate the proceeds of the sale of an insurance policy to their favorite charity. This being said we can see that a life settlement company provides not only a place where an individual could find a broker, but continues to add multiple options in this still relatively young industry. 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 16, 2010 @ 10:06 AM
By Blaine M Ferguson
Life settlement company, Coventry Capital, will for the first time invest in a life settlement based fund managed by SL Investment, a U.K. based fund. According to a story by Hedge Fund, Coventry Capital will buy policies for the Long View Beta Fund, which is seeking a 9% to 11% rate of return. Coventry Capital is an affiliate of the life settlement company, Coventry First, a Fort Washington, PA - based provider. The main fund will be located in Luxembourg, but plans for a an Irish version are also being discussed. Both countries have tax treaty agreements with the United States. The fund will begin policy purchases once $50 million has been initially raised. For more information regarding life settlements or a specific life settlement company in the news and to receive a free policy evaluation, please visit LivePDQ by clicking the link in the upper right of the page.
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 @ 01:32 PM
By Phillip J Powell
A life settlement company is a company that assists policy holders in selling their insurance policies for the living benefit. There are many reasons a person would want to sell their insurance policy. These reasons include rising premium costs, mounting doctor bills and some times just to make their quality of life better. A life settlement company is the black sheep of the insurance industry. Many large insurance companies don't like life settlement companies because they take policies that would have lapsed and take them to the death of the insured. Insurance companies make money on lapsing policies because they don't have to pay out a death benefit.
A life settlement company usually does two types of settlements a senior settlement and a viatical settlement. These are both very similar the only difference is the life expectancy of the insured. The life expectancy of a viatical settlement is shorter than a senior settlement so this process is much more intense and closely monitored. Clients who are viatical usually have only two years or less to live. Viatical settlements became popular in the 90's during the AIDS epidemic. Many policy holders with AIDS sold their insurance policies for the living benefit of the policies. These policy owners were taken advantage of do to the lack of regulations in a rapidly growing industry.
Senior settlements are typically people 75 years or older and typically have life expectancies of up to 19 years. For more information please go to 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 Thu, Aug 05, 2010 @ 10:25 PM
By David M Epstein
There are many questions to ask of your life settlement company when making the decision to sell your life insurance policy. Most of the information you will find just begs more questions. The following are key questions you will want to ask your agent/broker if you are considering a life settlement and choosing a settlement company.
Usually the first question asked of a life settlement company is, what is my life insurance policy worth? We have provided a free tool called LIVEpdq which you may use to get a general estimate on what your policy is worth. Speak to your broker/agent about what your financial needs and goals are and find out if a life settlement is right for you.
A question you should be asking of your life settlement company is, are there any fees associated with a life settlement. You should have some idea of what the fees will be to cover the cost of the life settlement transaction. Finally, ask your agent/broker to explain the life settlement process. What paperwork is involved, how long the process is expected to take, and be confident that your privacy will be maintained.
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.
Posted by The Policy Settlement Alliance on Mon, Aug 02, 2010 @ 11:06 PM
By Jeff Kennedy
A life settlement company should engage in certain “best practices” when assisting you with a life settlement. It begins with taking the time to listen to your financial needs, wants, and future goals. A life settlement is not for everyone and just because you can enter into a life settlement doesn’t mean you should. A good life settlement company and their agents can help you determine if the settlement option is right for you.
Once you make the decision to enter into a settlement, the life settlement company should have a clear application process including a HIPAA release protecting your right to privacy. The agent of the settlement company should explain the life settlement process to you and be able to give you some idea of how long the settlement process should take and what would be an acceptable offer. Once all of the offers come into the settlement company, the agent will discuss the offers with you and help you decide which offer best fits your needs.
Click the LIVEpdq Link today for a free settlement 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 Mon, Aug 02, 2010 @ 11:29 AM
By Ian F Smith
The life settlement company they come a dime a dozen. Do you know anything about the life settlement company that is purchasing your policy? There are many companies out there that pop in and out of the life settlement market. Any life settlement companies that would be looking at your policy through our firm have been reviewed for their stability and adherence to professional ethics and standards.
We can all be intimidated by the unknown, but with the collaboration of our committed team the primary goal is always to help you with your goals to eliminate unwanted or unneeded policy.
Searching for the right life settlement company can be an extremely tedious task. Let us do the work for you. Have your life insurance policy evaluated now by clicking our LIVEpdq link. By answering a few questions you can see if you are a candidate for a life settlement within minutes.
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 @ 03:57 PM
By Scott J. Dressel
Today a life settlement company can have two definitions. One would be the intermediary between an individual trying to sell the life insurance they own to a third party for a gain and the actual buyer or funder who will ultimately take ownership of the life insurance contract and be designated as the beneficiary. The second definition of a life settlement company may be the actual funder themselves who goes directly to the consumer without using an intermediary. Which is best for the consumer? This is a good question since the intermediary needs to take a percentage of the actual settlement payout to justify their existence there may be less cash for the seller of the life policy. However the seller who uses the life settlement company which is an intermediary may get several offers from different funders which may give the seller an advantage of selecting among several competitive offers. There are advantages to both definitions but today a consumer can visit our LIVEpdq link for a free policy review to see what the value of their policy is before they decide which way to sell their unneeded life insurance.
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, Jul 29, 2010 @ 04:50 PM
By Edward E. Leisher
A life settlement company is a home base of sorts for life settlement brokers. Brokers conduct business on behalf of their clients through their settlement company. A life settlement company may be responsible for the completion of the policies sale for the broker from start to finish, including but not limited to status, data gathering, negotiations, document completion and delivery.
Because of the involvement a settlement company may have in the life settlement process, it is important to brokers that they do business with a reputable company. Oftentimes a life settlement company will ensure that their brokers are up to date with any changes in the life settlement industry in order to ensure compliance with existing and emerging rules and regulations.
If you or someone you know is considering entering into a life settlement transaction, they will want to know that their broker is using a trustworthy settlement company. For more information on this topic 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 Tue, Jul 27, 2010 @ 06:38 PM
By Joseph W. Horner
As one enters the world of selling an unwanted or un-needed life insurance policy you will want to know what life settlement company to work with. At this point one may be at a point of now knowing what one doesn’t know which is which company is it that buys your policy.
While there are many people involved in a life settlement transaction there are three basic entities often given the label life settlement company. One is the broker orchestrating the transaction; another is the investor with the money to buy and third is a life settlement provider which adheres to the regulatory issues surrounding the purchase of a life insurance policy.
While it is possible to not use a broker in such a transaction it is not advisable and at times an investor takes the time and effort to license themselves to serve both the life settlement provider and investor roles. Because of this the life settlement company role can change depending on your specific situation. Since the life settlement provider role creates most of the documentation for the completion of a life insurance policy sale it is most often construed as the life settlement company.
There is no written guideline for this terminology so it is really more important to focus on the functions performed by the different entities involved in this transaction. A life settlement company in whatever role they take on needs to assist in finding the best settlement for your policy and ensure documentation is handled correctly while steering the person settling the policy around any potential problems in the process.
To find out more about a life settlement 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 Tue, Jul 27, 2010 @ 04:38 PM
By Amie M Wirth
The life settlement company of the early life settlement era has changed and will continue to change as the life insurance industry changes. The life settlement company is dependent upon the life insurance company to provide sellable products to the consumer.
There is a historical record to show that life insurance in its most rudimentary form dates back to ancient China and changed into an institution in the 1700’s starting in Britain then moving to the US in 1775. In the early 1900’s the Supreme Court gave policy owners the right to sell their life insurance policies to third party.
Since that time the life settlement industry and life settlement company changes have occurred.
First the life settlement companies were purchasing whole life policies, later they moved to convertible term, universal life and variable life insurance policies. Today many life settlement companies are not purchasing whole life or variable life insurance but focusing more on the universal life and convertible term markets.
The life settlement company of yesterday has changed into a more consumer friendly company and tomorrow may bring about more changes as legislation changes, changes in products that are offered by life insurance carriers and investers appetite for the different policies available.
If you have a life insurance policy that you do not know what to do with, click our LIVEpdq link now for a free policy evaluation. If a life settlement is for you, you can rest assured that we do not use just one life settlement company to purchase your policy we are associated with over thirty of the industry’s top life settlement companies.
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.