CatonGavin923

settlement agent perth - Life settlements also called life insurance settlements, senior settlements, or senior life settlements have become 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 where a senior citizen policy who owns an unneeded, underperforming, or unwanted life insurance policy sells the policy with a third party, as opposed to surrendering or lapsing it returning 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 starting to market life settlements for their current client base also 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 settlement  parameters.

Your life 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 very important for any  financial planner or agent choosing a client or potential client. Each life settlement case is looked over 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 offer simple qualification or evaluation forms that will quickly  determine if funds would be available for that specific individual.

settlement agency perth - Life settlements are still a new concept for many 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 accept the time to learn about life settlements so that in return they can relay this information to their clients. Many policy owners don't realize that there could be a cash settlement designed 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 in need of assistance. A life settlement can cause added financial benefits for the client and the financial professional.