OrrLechner237

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.

A life settlement is a financial transaction when 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 start to market life settlements for 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. There has been success with direct mailing either a client base or demographic base fitting the life settlement  parameters.

An existence settlement broker can help life settlement agents with marketing material, educational material, and evaluation material. Getting the correct knowledge about the life settlement product and material is important for any  financial planner or agent meeting with a client or potential client. Each life settlement case is checked out 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 that may quickly  determine if money 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 realize the concept or possess the right education about life settlements. It is important for these professionals to accept the time to learn about life settlements in order that in return they can relay these  details to their clients. Many policy owners do not understand that there could be a cash settlement readily available for a life insurance policy that they're going to surrender or lapse. Insurance agents and financial professionals need to take the correct marketing and education steps to reach those clients in need of assistance. A life settlement can cause added financial benefits for both the client and the financial professional.