During tough economic times agents in viatical settlements cases need to rely on a broker that has current industry knowledge and is up to date with the most responsive buyers and purchasing programs. The agent must also be aware of the changes that are occurring in today's market such as mortality increase and buyer availability. Settlements For Life's knowledge and expertise help agents become aware of changes in the market and lets them know exactly what to expect.
Call Settlements For Life today.
Enhancing The Value Of Your Life
National Life Settlement Broker Since 2003
877-588-5558
http://www.settlementsforlife.com/
info@settlementsforlife.com
Wednesday, January 12, 2011
Wednesday, January 05, 2011
What Kind Of Life Insurance Policies Qualify For A Viatical Settlement?
Universal Life, Whole Life, Term Life and in some cases Survivorship and Variable policies can qualify for a sale to get one the cash they need from a policy they no longer need or want.
Typically, in today’s market buyers are looking for the following:
· Insureds 65 years old and older
· Face amounts (death benefit) between $100,000 and $30,000,000
· Premium amounts of 5% per year of face amount
· Usually, and depending on age, the insured must have had some health issues since the life insurance policy was issued
Submit your case to see if you qualify - http://settlementsforlife.com/cons_submit.htm
There are many factors that make a policy attractive to a buyer. Using a viatical settlement broker is the best way to determine if your life insurance policy has potential value on the secondary market or life settlement market.
An experienced life settlement or viatical broker will guide you through the process and make sure buyers pay you what your policy is worth.
Please call Settlements For Life today to discuss how we may help you sell your policy.
Settlements For Life
Enhancing The Value Of Your Life
National Life Settlement Broker Since 2003
877-588-5558
Tuesday, January 04, 2011
Can I Sell My Term Life Insurance Policy?
As a life/viatical settlements broker we are asked by clients if they can sell their term life insurance policies on the secondary market. The answer is Yes. Selling a term life insurance policy is a great idea for a policy owner who no longer needs or wants the policy and is inclined to let it lapse. Letting the policy lapse is a bad option because there is no cash value in the policy. All of the premiums invested in the policy are gone. You can sell your term life insurance policy, possibly for a significant amount of cash. The term policy must be convertible to a whole life or universal life policy.
Call Settlements For Life for more information.
Settlements For Life
Enhancing The Value Of Your Life
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