SternerNewson589

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, and other financial related professionals.

Your life settlement is a financial transaction when a senior citizen policy owner of an unneeded, underperforming, or unwanted life insurance policy sells the policy with a third party, as opposed to surrendering or lapsing it  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 methods of marketing life settlements are one-on-one presentations, seminars, and client newsletters. There has also been success with direct mailing either a client base or demographic base fitting the life span settlement  parameters.

An existence settlement broker will help life settlement agents with marketing material, educational material, and evaluation material. Getting the correct knowledge about the life settlement product and material is important for any  financial planner or agent meeting with a client or potential client. Each life settlement case is looked over differently, the biggest factors will 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 which will quickly  determine if money would be available for that specific individual.

settlement agency perth - Life settlements are still a new concept for the majority of agents and financial professionals. Many still don't understand the concept or possess the right education about life settlements. It's important for these professionals to accept time to learn about life settlements to ensure 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 that they  are going to surrender or lapse. Insurance agents and financial professionals need to take the correct marketing and education steps to achieve those clients in need. A life settlement can cause added financial benefits for the client and the financial professional.