Wednesday, June 03, 2009

Life Settlement Online Broker

Become an online Life Settlement Professional

EMPLOYMENT: To become a facilitator of life settlement transactions you must bring buyers and sellers together to exchange life settlements in an online auction environment.

POSITION: Successful sales representatives for a Life Settlements company must operate in several territories throughout the United States. You will need to become a dynamic leader to reach new audiences.

RESPONSIBILITIES- Individuals hired will be responsible for:
• Cultivating leads with estate planners, CPAs, financial advisors, consumers, and personal contacts.
• Proactively develop new customer contacts and avenues for locating policies to list on our exchange.
• Assist the exchange as we list our client’s policy for auction.
• Be knowledgeable with our exchange and the life settlement industry.

COMPENSATION- Salespeople will be compensated through commission. Great salespeople can reasonably earn in excess of $125,000 annually with no cap.

QUALIFICATIONS: A successful candidate must have at least 2+ years of experience in sales, preferably within the financial or insurance arena. Candidates must be good communicators, self-disciplined, positive, energetic, persistent, and possess a strong ethical foundation. Should also be PC and software literate.


Thursday, March 12, 2009

Life Settlement Broker Marketing Kit

Many life settlement brokers provide informational and marketing kits to agents, financial professionals, and other professionals who either are currently offering life settlements or would like too.

Brokers make sure to provide applications, worksheets, case examples, testimonials, articles, overviews, and other marketing tips and files.

The Life Settlement resource can provide a free marketing kit. Simply click the banner below and a broker will verify your information and mail you a kit. It is that simple.



More resource can be also found at Life Settlement Marketing...

Friday, January 30, 2009

Life Settlement Broker Technology

Life Settlement Broker Technology
Life Settlement Brokers take advantage of technology to speed processing, offers, and case closings. Here is a sample of some technology features.

Spreadsheet Medical Record Tracking - Acquiring medical records are commonly tracked through a spreadsheet method to gauge the amount of time records will take to arrive and also to ease the follow up procedure to make sure all records are received.

Bulk Scanners - Bulk page scanners are used to convert paper to electronic format which greatly increases processing and exposure of the life settlement case.

Parameter Matching Software - Many brokers use parameter matching technology to quickly factor which funders/providers are looking for specific type of policy.

Networked Database - Divisions within the broker can access network to supply requested documents from the funders to speed up the underwriting and offering turn around.

Other technology includes, automated web tracking for agents, automatic email updates, other electronic processing of additional information (LEs, Illustrations, etc..). This will be discussed at a later date.

If you are looking for a list of brokers visit the Life Settlement Companies page over at Life Settlement Info.

Tuesday, December 30, 2008

Life Settlement Broker

Friday, November 28, 2008

Life Settlement Brokers trying to match funds with new policies

The credit crunch has a lot of life settlement brokers working harder to find available funds for a wide range of parameters. Some investment groups and hedge funds are fleeing the industry or scaling back funds which is leaving brokers with a tough of job of finding purchasers for their clients policies.

An example is: Capital to purchase life-insurance policies is less plentiful than it was just a few months ago. Hit by the credit crunch, some big investors in life settlements, including hedge funds such as London-based BlueCrest Capital Management, have dropped out of the market or are limiting their purchases, industry observers

At National Financial Partners, a nationwide network of advisers specializing in life insurance, executive benefits and financial planning, commissions and fees from life settlements fell 28% in the first nine months of the year. BlueCrest didn't return a call for comment.

Brokers will continue to find funds but policy owners need to realize offers are going to be a little lower than previous levels. This also has to do with the life expectancy underwriting changes.

Call 1-888-973-8377 to speak with a Life Settlement Broker.

Read the full article from the Wall Street Journal:
Source of Cash for Seniors Drying Up

Wednesday, October 29, 2008

Life Settlement Broker Calculator

I visited Life Settlement Info today and I see that they built in a new Life Settlement Calculator, this tool will be extremely useful for individuals and financial professionals who can can get a general idea of what their policy might be worth before submitting it to a broker.

Life Settlement Info also helps visitors, consumers, and financial professionals pick a reliable, trustworthy, and licensed Life Settlement Broker. Simply call them at 1-888-823-7764.

If you would like to talk a broker immediately, call 1-888-973-8377.

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Friday, February 15, 2008

Life Settlement Brokers help investors

Not only do Life Settlement Brokers benefit the clients who are the selling their policies. They also help out life settlement investors and providers by being able to provide a wide range of policies matching many different purchase parameters.

Senior policy owners benefit greatly when a Life Settlement Broker is assisting them with the sale of their policy. Not only are they presenting the policy to numerous different purchasing companies, they are also leveraging offers to gain the highest offer for the consumer.

On the other side of the fence, because brokers work with a large number of policies, they are able to match parameters for investors. A life settlement broker can match the needs of an investor by reviewing their current policy flow and presenting the policies that the investor is targeting.

Call 1-888-973-8377 to speak with a Life Settlement Broker.

Also feel free to visit the below links:
Life Settlement Broker - RTG Consultants will work and broker to get the highest offer for your life insurance policy.
Life Settlements - LifeSettlementPro.com are a group of Life Settlement Professionals that works with clients and financial advisors.

Monday, December 24, 2007

Trust your Life Settlement Broker

Being a full time Life Settlement Broker, I come across a handful of seniors and financial professionals that are interested in selling a life insurance policy.

Being a competitive industry that we are in, they here a lot of misled information from a handful of so called "Life Settlement Brokers". It is important before you send your policy and financial information to any broker to verify their licenses, experience, and professionalism.

I only align my clients and their policies with top licensed and established life settlement providers. I have seen clients actually get lower offers because they sent their information to so many "brokers" that the funding providers did not know who had to control of the case and actually were hesitant to bid and put the work and costs into trying to acquire the policy.

It is important to get the highest offer for your policy. It is also important to trust your broker. I will explore and leverage every avenue in the market to obtain the highest offer for your policy. Pick up the phone, give me a call at 1-888-973-8377, and let's get your policy sold.

Wednesday, August 08, 2007

Explore a Life Settlement Broker


Life settlement brokers can offer more value than the insurance providers, which only offer a cash surrender value.

Life Settlements are relatively new option for retirees to improve their financial status. Seniors nearing seventy or older who own a life insurance policy that they no longer need are the best candidates for this product. However seniors as young as 60 can participate in the life settlement arena if they are having health issues. Generally speaking, eligibility is dependent upon age and health of the individual and the face value of life insurance policy they hold. Premium and policy type also are factors used by policy buyers to evaluate eligibility. Individuals should contact a reputable life settlement broker to determine if they are eligible for a life insurance settlement.

The beauty about a Life Settlement through a Life Settlement Broker is that no cost or obligation is required by the consumer. Exploring a life settlement has never been easier.

Call 1-888-973-8377 to discuss a life settlement and receive a free quote.

Life Settlement Broker - RTG Consultants can help you receive the highest offer for you life insurance policy.
Life Settlements - Life Settlement Pro has numerous avenue for your life insurance contract.

Sunday, May 20, 2007

Life Settlement Broker Agent

Found this information about becoming a Life Settlement Broker, from an online forum.

I'm considering a job at a Life Insurance Settlement agency.

They gave me an offer and I'm not sure if I want to do this. They were telling me a typical person would make 150K their first year. Is this reasonable? And offered me a commission of.0375 of new surrender value. Typical?

But I also have questions on what you do every day... The difficulty, hours, and anything else that could be useful in my decision making process.

I thank you so much. I can't find anything online.

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I'll give you a few places to look but thats not a business I know all that well, other then one of my son's being offered a position at a west coast firm a few months back, an offer he eventually declined.

The life settlement industry was recently in the news for some sales and marketing practices, and I believe there are a couple of state AG's that are looking at their practices. I also know my own broker dealer in securities forbids it's rep's from contracting with or engaging in life settlement sales due to these same concerns.

It's a largely unregulated industry but what i'd suggest you do is put the same post up at the factoring channel blog, the guys over there might be able to fill you in to a greater degree, and tread carefully. I know the firms doing this are making huge money, so the numbers you mention aren't out of line, but I'd just check out the marketing and legal practices of the firms your talking with prior to taking the plunge.

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I'm assuming you are taking a job a at a Life Settlement BROKERAGE and not a Life Settlement PROVIDER. Life settlement brokers typically get 4% - 6% of the face value of the policy settled as their commission. This commission is split (according to each companies preferences) between the brokerage house and the referring agent. So how much would someone in your position recieve?