SekaSchlosser950
settlement agent perth - Life settlements also known 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, along with 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 the policy from the purchaser.
settlements perth - Agents and financial planners are beginning to market life settlements to their current client base also to potential clients. The most current effective types of marketing life settlements are one-on-one presentations, seminars, and client newsletters. We are seeing success with direct mailing the client base or demographic base fitting the life settlement parameters.
An existence settlement broker can assist life settlement agents with marketing material, educational material, and evaluation material. Getting the correct knowledge about the life span 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 at 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 provides simple qualification or evaluation forms that will quickly determine if a settlement 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 hold 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 this information to their clients. Many policy owners don't realize 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 must take the correct marketing and education steps to reach those clients short of funds. A life settlement can cause added financial benefits for both the client and the financial professional.
