DidiMckamey147

settlement agent perth - Life settlements also referred to as life insurance settlements, senior settlements, or senior life settlements have become an important tool for insurance agents, financial planners, estate planners, elder law attorneys, as well as other financial related professionals.

An existence settlement is a financial transaction when a senior citizen policy owner of an unneeded, underperforming, or unwanted life insurance policy sells the policy to a third party, as opposed to surrendering or lapsing it  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 are beginning to market life settlements for their current client base and to potential clients. The most current effective methods 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.

Your life settlement broker can assist life settlement agents with marketing material, educational material, and evaluation material. Having the correct knowledge about the life span settlement product and material is essential for any  financial planner or agent choosing 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 provide simple qualification or evaluation forms which will quickly  determine if a settlement would be available for that specific individual.

settlement agency perth - Life settlements remain a new concept for many agents and financial professionals. Many still don't understand the concept or possess the right education about life settlements. It is necessary for these professionals to take the time to learn about life settlements to ensure that in return they can relay these  details to their clients. Many policy owners don't realize that there could be a cash settlement designed 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 short of funds. A life settlement can create added financial benefits for both the client and the financial professional.