AngelesBarrows626
settlement agent perth - Life settlements also referred to as life insurance settlements, senior settlements, or senior life settlements have get 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 in which a senior citizen policy owner of an unneeded, underperforming, or unwanted life insurance coverage sells the policy to a third party, as opposed to surrendering or lapsing it back to the life insurance company. The senior policy seller receives immediate cash for your policy from the purchaser.
settlements perth - Agents and financial planners are beginning 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. There has also been success with direct mailing either a 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. Getting the correct knowledge about living settlement product and material is very important 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 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 funds 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 realize the concept or hold the right education about life settlements. It's important for these professionals to take the time to learn about life settlements to ensure that in return they can relay this information to their clients. Many policy owners don't understand that there could be a cash settlement designed for a life insurance policy that they're going to surrender or lapse. Insurance agents and financial professionals must take the correct marketing and education steps to succeed in those clients short of funds. A life settlement can cause added financial benefits for both the client and the financial professional.
