User:PartainWick763

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 when a senior citizen policy who owns an unneeded, underperforming, or unwanted life insurance coverage 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 your policy from the purchaser.

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

An existence settlement broker will help 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 meeting with a client or potential client. Each life settlement case is looked at 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 may quickly  determine if funds would be available for that specific individual.

settlement agency perth - Life settlements remain a new concept for most agents and financial professionals. Many still do not understand the concept or possess the right education about life settlements. It is necessary for these professionals to accept the time to learn about life settlements so that in return they can relay these records 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 succeed in those clients short of funds. A life settlement can cause added financial benefits for the client and the financial professional.