مستخدم:ByrdWescott596
settlement agent perth - Life settlements also known 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.
Your life settlement is a financial transaction in which a senior citizen policy who owns an unneeded, underperforming, or unwanted life insurance coverage sells the policy to some third party, as opposed to surrendering or lapsing it 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 for their current client base and to potential clients. The most current effective methods 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 span settlement parameters.
Your life settlement broker will help life settlement agents with marketing material, educational material, and evaluation material. Having the correct knowledge about living settlement product and material is essential for any financial planner or agent meeting with a client or potential client. Each life settlement case is checked out 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 can offer simple qualification or evaluation forms that may quickly determine if funds would be available for that specific individual.
settlement agency perth - Life settlements are still a new concept for most agents and financial professionals. Many still don't understand the concept or have the right education about life settlements. It is important for these professionals to accept the time to learn about life settlements to ensure that in return they can relay these details to their clients. Many policy owners do not understand that there could be a cash settlement available for a life insurance policy they are 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 make added financial benefits for the client and the financial professional.