MistiWhitesell779

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 where a senior citizen policy owner of 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 policy seller receives immediate cash for that policy from the purchaser.

settlements perth - Agents and financial planners are starting to market life settlements to their current client base and 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 either a client base or demographic base fitting the life span settlement  parameters.

A life settlement broker can assist life settlement agents with marketing material, educational material, and evaluation material. Having the correct knowledge about living settlement product and material is essential for any  financial planner or agent ending up in a client or potential client. Each life settlement case is looked over differently, the biggest factors are 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 money would be available for that specific individual.

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