Life Settlement Broker

Shop a Policy with a Life Settlement Broker

2009-09-28T14:01:00.000-07:00

A Life Settlement Broker is the best way to get exposure for your policy or for your client's policy. Just verify 3 things before working with a Life Settlement Broker.

1. Make sure they are either licensed in your state or can do business in that state.
2. Make sure there is not cost associated with them shopping your case.
3. Verify there is no obligation to accept their offer, if they are able to obtain one.

If you want to start shopping your policy now, simply call 1-888-973-8377.

You can also do more research at Life Settlement...

New York Life Settlement Update

2009-08-26T13:17:00.000-07:00

Here is your New York Life Settlement Update...

New York Gov. David Paterson issued a statement today announcing the appointment of Wrynn who will replace Eric Dinallo. Dinallo stepped down last month, amid speculation that he may run for state attorney general.

In Dinallo's absence, Kermitt Brooks has been serving as acting superintendent. Brooks will resume his No. 2 position in the department as first deputy superintendent.

Brooks has been instrumental in drafting life settlement legislation this year, which has met resistance from the settlement industry. The life settlement bill passed the New York state Assembly in June.

As of now, we do not know exactly what licensing Life Settlement Brokers will need to do busines in the state of New York.

Life Settlement Online Broker

2009-06-03T13:53:00.000-07:00

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.

Life Settlement Broker Marketing Kit

2009-03-12T08:02:00.000-07:00

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...

Life Settlement Broker Technology

2009-01-30T07:05:00.000-08:00

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.

Life Settlement Broker

2008-12-30T16:22:00.000-08:00

Life Settlement Brokers trying to match funds with new policies

2008-11-28T05:11:00.000-08:00

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

Life Settlement Broker Calculator

2008-10-29T05:44:00.000-07:00

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.

Life Settlement Brokers help investors

2008-02-15T09:05:00.000-08:00

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.

Trust your Life Settlement Broker

2007-12-24T07:48:00.000-08:00

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.

Explore a Life Settlement Broker

2007-08-08T10:42:00.000-07:00

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.

Life Settlement Broker Agent

2007-05-20T08:19:00.001-07:00

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.

--

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.

--

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?

Life Settlement Pro Life Settlement Broker

2007-01-30T13:41:00.000-08:00

Life Settlement Pro is the Life Settlement Broker Spotlight this month!

Life Settlement Pro is a life settlement broker and emerging leader in the market with relationships with over twenty institutional funding sources. Working with Life Settlement Pro on your life settlement cases ensures that every policy is being shopped for the most competitive offer. Our expertise and back office support are leveraged to generate offers and close deals in as timely fashion as possible.

Life Settlement Defined

A life Settlement is the sale of a life insurance policy generating proceeds that exceed the cash surrender value. Policy ownership is changed and the new owner assumes premium payments.

Visit Life Settlement Pro:
Life Settlement Broker

Life Settlement Brokers now going international

2006-10-23T08:01:00.000-07:00

A handful of life settlement brokers are now taking advantage of aggressive overseas funding sources and life settlement providers. These funding sources are using life settlements for hedge funds, collateral projects, and pool money investment trusts. "These types of investment methods do not require an immediate or set it in stone time frame to mature, which doesn't require as much of a strict pricing method." says Grant Shellhammer an affiliate Life Settlement Broker with Life Settlement Pro. Brokers have also seen that the weakening dollar has flooded the settlement industry with overseas an international sources.

The international sources are using US based brokers, escrow companies, and accounting services which keep the transactions compliant with US regulations. They simply are just another benefit of the expanding Life Settlement Industry. Aggressive funding sources mean a larger payout for senior clients who need to sell an insurance policy.

Life Settlement Brokers and affiliates:
Trinity Financial
Life Settlement Pro
RTG Consultants

Life Settlement Information
Life Settlements
Life Insurance Settlements
Senior Settlements

Life Insurance Settlement Association Brokers

2006-05-10T11:56:00.000-07:00

Life Settlement Brokers

This means a person who, on behalf of an Owner and for a fee, commission or other valuable consideration, offers or attempts to negotiate Sales Contracts, between an Owner and one or more Providers, the subject of which is a Life Settlement. A broker represents only the Owners and owes a fiduciary duty to the Owner to act according to the Owners instructions, notwithstanding the manner in which the Broker is compensated. A Broker does not include an attorney, certified public accountant or financial planner retained in the type of practice customarily performed in their professional capacity to represent the Owner whose compensation is not paid directly or indirectly by the Provider.

This is definition is from LISA

Two standout brokers are:

Life Settlement Broker - Trinity Financial Services, a full service life settlement broker.

Life Settlement Pro - A Life Insurance Settlement and Viatical Settlement Broker.

Life Settlement Brokers using new technology

2006-08-14T08:09:00.000-07:00

Life Settlement Brokers are constantly updating and implementing new technology advances to continually provide higher offers and faster response time to their clients.

One new life settlement technology is referred to as Life Settlement Auctions. This allows a life settlement broker to offer a specific insurance policy to a wide array of funding sources and life settlement providers via an auction format. This technology is in the infancy stages, but the future looks bright.

The leader in Life Settlement Auction technology is Life Exchange, they are third party group that developed the technology and is currently adding brokers and funding sources to the system. This will allow brokers to quickly shop the policies and save time by instantly matching parameters with the interested funding sources.

Call 1-888-973-8377 to speak with a Life Settlement Broker about how your client's policy or your own policy can participate in a Life Settlement Auction.

Life Settlement Brokers make it easy

2006-06-12T13:23:00.000-07:00

Life Settlement Brokers add ease to the Life Settlement Process.

Life settlement brokers allow you to take your policy to a secondary market, which may be a good "exit" strategy for your current situation. A life settlement purchases your policy, maintains the premiums and will receive the death benefit upon your demise. There are a lot of con artists in this business, so I recommend working with a source who will keep your identity anonymous. Some good sources are Life Settlement Pro, RTG Consultants, and Trinity Financial Services.

The process is virtually painless and simple. Just complete an application and sign an authorization so that your doctor can release your medical records. You don't need to take a physical. Your settlement broker will obtain your medical records and work with 15 to 20 funders, insurance companies, pension funds, etc., to determine the best offer for your life policy. The complete process, from your phone call to the time you receive a check usually takes eight to 10 weeks. To be specific (do not hold me to this number), you could get about up to 3-4 times the cash value or up to 30 percent of the face the value. The usually life settlement transacation falls into the 12-22 percent range.

Call 1-888-973-8377 to see if you qualify and begin your Life Settlement.

About Life Settlement Brokers

2006-04-25T09:10:00.000-07:00

Life Settlement Settlement worth with different viatical companies and life settlement companies. The company is composed of professionals with experience in many financial industries. Currently Life Settlement Brokers are providing their nationwide advantage program policyholders who want to get maximum value out of their life insurance. The secondary market for life insurance is very beneficial to policyholders who want to get maximum value out of their life insurance policy. The fact is that an overwhelming amount of people who do qualify for this for these services do not currently even know the option is available. Life Settlement Brokers are working hard to educate seniors about the benefits of life settlements. We also been nationally eduatcating financial professionals, senior care managers, insurance agents, accountants, and other professionals who have clients who could utilized a life settlement.

Life Settlement Brokers A-H

2006-02-01T09:05:00.000-08:00

1st Life Financial, LLC
7680 Universal Blvd. Suite #680
Orlando, FL 32819
Phone: (800) 667-0305
Fax: (407) 209-1041
Email: shane@1stLifeFinancial.com
Internet: www.1stLifesettlements.com

Advanced Planning Services, Inc.
1500 State Street, Suite 220
San Diego, CA 92101
Phone: (619) 220-8116 / (800) 551-8116
Fax: (619) 220-0836
Email: mike@apshome.com
Internet: www.apshome.com

Advanced Settlements, Inc.
2101 Park Center Drive, Suite 220
Orlando, Florida 32835
Phone: (407) 296-7373 / (800) 561-4148
Fax: (407)296-7377
E-mail: info@advancedsettlements.com
Internet: www.advancedsettlements.com

ALIR
818 Highway A1A - N, Suite 303
Ponte Vedra Beach, Florida 32082
Phone: (904) 280-1112 / (888) 599-1112
Fax: (904) 280-2010
E-mail: joe.lucent@e-alir.com
Internet: www.e-alir.com

Assignable Life Assets
601 N. New York Ave., 2nd Floor
Winter Park, FL 32789
Phone: (800) 422-1314
Fax: (877) 343-3004
Email: alainfo@lifeassets.net
Internet: www.lifeassets.net

Benefits America
415 East Paces Ferry Road, NE
Terrace Level
Atlanta, Georgia 30305
Phone: (404) 233-5411 / (800) 777-8878
Fax: (404) 233-9394
E-mail: viatical@benefitsamerica.com
Internet: www.benefitsamerica.com

Blackburn Life Settlements, Inc.
6641 NW 116th Street
Oklahoma City, OK 73162
Phone: (405) 728-2914
Fax: (405) 728-2379
Email: acurtis31@hotmail.com

ELA Settlement Services, LLC
1435 Morris Avenue, P.O. Box 3137
Union, NJ 07083-1937
Phone: (800) 388-0103
Fax:: (908) 810-4159
Email: pnagelberg@execlife.com
Internet: www.elasettlementservices.com

Life Settlement Broker Fee

2006-04-17T08:27:00.000-07:00

Are there any fees involved in a life settlement?

Yes. A fee, commission, or other form of compensation is usually paid to the life settlement broker who negotiates a life settlement contract between the owner of the life insurance policy and the life settlement company.

However, this fee is not charged up front or before the settlement. This commission is usually agreed to come out of the settlement. A life settlement broker works with numerous life settlement companies to produce the highest offer for your policy. This increased payoff still can net the policy owner more after paying the commission.

If you have any questions, please call 1-888-973-8377 to speak with a life settlement broker.

Life Settlement Brokers create competition

2006-03-27T07:14:00.000-08:00

A nationwide life settlement broker is able to get you the highest dollar cash settlements for your life insurance policy. As more and more life settlement funders and providers are trying to purchase insurance policies, a broker is able to navigate and have these buyers compete for your policy.

In this business, competition can be a great thing. The life settlement broker will basically offer your policy the highest bidder. As the broker offers your policy to more buyers, they will usually be more aggressive and pay more to secure the policy. The broker will keep you or your financial professional fully updated throughout the process and discloses all offers and offer amounts.

To find out more ways to maximized the value of your life insurance policy, please call 1-888-973-8377 and speak with a life settlement specialist today.

Life Settlements Broker

2006-01-11T11:52:00.000-08:00

Life Settlements are quickly becoming a popular financial option. That is why it is importanted to use a qualified and licensed Life Settlement Broker.

Trinity Financial Services, LLC provides you with the utmost in customer service, integrity and professionalism. Our principals have over 30 years combined experience and have developed key relationships with the Life Settlement Industry's leading institutional and private purchasing companies.

Trinity Life Settlements can be reached at 1-866-870-8746 or online at http://www.TrinityFinancialLLC.com/

Trinity Settlements is currently looking for nationwide financial professionals to offer life settlements. For more information, please visit the broker page at:
http://www.trinityfinancialllc.com/settlement-broker.html

Life Settlement Broker Benefits

2006-02-07T11:52:00.000-08:00

A nationwide viatical and life settlement broker can provide great benefits for your life settlements and life insurance settlement needs.

A Life Settlement Broker works with numerous investors, institutional funders, life settlement companies and providers. A Life Settlement Broker makes sure to put their clients first and use competition to generate the highest payout for your life insurance policy.

As a Life Settlement Broker we work hand in hand with not only direct policy holders, but can also work with your financial planner or insurance agent. He will be able to walk you through the steps and we will coach him throughout the process.

If you have any questions our would like to see the TRUE VALUE of your life insurance policy, please call toll free 1-888-973-8377.

Trinity Financial Services is a license Life Settlement Broker

Work with a Life Settlement Broker

2005-12-19T13:53:00.000-08:00

There is no need to go direct to a Life Settlement Company or a handful of Life Settlement Companies. With a Life Settlement Broker we go to them all, we shop the policy and receive the highest offer for both you and your clients. Life Settlements are growing each day, and now is time to team with a leading Life Settlement Broker.

What is your competition doing??
If you are not offering your clients the option to sell their policy your competition soon will! Offering Life Settlements to your clients is a prudent decision to make as a Financial Planner.

Call 1-888-973-8377 to speak with a Life Settlement Broker and learn how to start offering your clients a new financial option today.

Life Settlement Broker brings more tools to the table

2005-12-19T13:50:00.000-08:00

Life Settlement Brokers Find New Money For Planning:
Most seniors are unaware that their existing life insurance may possibly be liquidated for 10% - 60% of the current coverage amount of the policy, even if there is no cash value.

A Life Settlement Broker Can Help Create New Products
While the proceeds are unrestricted and can be used in any way, most Life Settlements are utilized as a funding tool to purchase other needed financial products, such as Annuities, lower cost Life Insurance plans, and Investments and Long-Term Care.