LimonKopp225

settlement agent perth - Life settlements also referred to as 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.

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

settlements perth - Agents and financial planners start 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. There has also been success with direct mailing the client base or demographic base fitting living settlement  parameters.

A life settlement broker will help life settlement agents with marketing material, educational material, and evaluation material. Obtaining the correct knowledge about living settlement product and material is very important for any  financial planner or agent choosing a client or potential client. Each life settlement case is looked over 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 offer simple qualification or evaluation forms which will quickly  determine if funds would be available for that specific individual.

settlement agency perth - Life settlements continue to be a new concept for many agents and financial professionals. Many still do not understand the concept or possess the right education about life settlements. It is important for these professionals to accept the time to learn about life settlements so that in return they can relay these  details to their clients. Many policy owners do not understand that there could be a cash settlement available for a life insurance policy they are going to surrender or lapse. Insurance agents and financial professionals must take the correct marketing and education steps to achieve those clients in need of assistance. A life settlement can cause added financial benefits for the client and the financial professional.