MerlStice185

settlement agent perth - Life settlements also called life insurance settlements, senior settlements, or senior life settlements have quickly become an important tool for insurance agents, financial planners, estate planners, elder law attorneys, along with other financial related professionals.

A life settlement is a financial transaction in which a senior citizen policy who owns an unneeded, underperforming, or unwanted life insurance policy sells the policy to some third party, as opposed to surrendering or lapsing it returning to the life insurance company. The senior policy seller receives immediate cash for the policy from the purchaser.

settlements perth - Agents and financial planners are starting to market life settlements with their current client base also to potential clients. The most current effective ways of marketing life settlements are one-on-one presentations, seminars, and client newsletters. We are seeing success with direct mailing whether client base or demographic base fitting living settlement  parameters.

An existence settlement broker can assist life settlement agents with marketing material, educational material, and evaluation material. Obtaining the correct knowledge about the life settlement product and material is very important for any  financial planner or agent choosing a client or potential client. Each life settlement case is checked out differently, the biggest factors would be the age of the  insured, health of insured, policy size, premium amount, and current cash value (if any). Most life settlement brokers can provide simple qualification or evaluation forms that will quickly  determine if funds would be available for that specific individual.

settlement agency perth - Life settlements continue to be a new concept for most agents and financial professionals. Many still don't realize the concept or possess the right education about life settlements. It is important for these professionals to take the time to learn about life settlements so that in return they can relay this information to their clients. Many policy owners don't realize that there could be a cash settlement available for a life insurance policy that they  are going to surrender or lapse. Insurance agents and financial professionals need to take the correct marketing and education steps to reach those clients in need. A life settlement can make added financial benefits for the client and the financial professional.