How much should the policy’s face value be?
A. Generally, a policy with a face value of $50,000 or higher may be eligible to
convert into a life settlement.
Q. Will I have to pay any premiums after my policy is sold?
A. No, once the policy is sold, you will have no future premium obligations
whatsoever.
Q. What [...]
Lifeline Plans to Buy Policies for U.K. Hedge Fund
Posted January 15, 2009 4:50PM PST
The chief executive of the Lifeline Program, an Atlanta-based provider, said his company is negotiating with a U.K.-based hedge fund to invest a “substantial” amount in life settlements.
William Scott Page, chief executive of Lifeline, said a confidentiality agreement with the hedge fund [...]
There are may people who have opinions on this matter…we know that it is unlikely that they all have the best answers. LifeSettlementsCorp is a trusted and established broker of these deals.
Continue reading about how to sell your life insurance policy
You may be asking if this is legal the answer is yes.
Is a life settlement legal?
Yes, under United States Supreme Court precedent stretching back almost a century, a life insurance policy is considered your personal property. Like any other tangible or intangible personal property, you can sell it, trade it, or give it away. [...]
1. Senior citizen with financial needs consults with an advisor, decides to sell his or her policy.
2. Client & advisor select a broker who works with institutional providers.
3. Broker submits case (and client releases medical information) to various providers.
4. If policy meets criteria [...]
Some times people mis-spell the word life insurance settlements. Such as we did above. OR THEY call it insurence. Another common misspelling.
There is a lot of anticipation about the new year. Be sure to keep an eye on LISA to see what there is to offer. Of course pay no attention to this article on the industry. It has no bearing whatsoever.
Derek Welsley has this to say in his article. The introduction of life settlements has created a secondary market for life insurance policies in which policy owners can receive a fair market value for their policies. THis is the point. Holders can find good and true market values if they sell in the [...]
LISA Broker Summit
Orlando, FL
This year, LISA will bring together Broker members to examine today’s business practices and political issues. The one day program features general sessions with speakers addressing legal, investment/financial, legislative and regulatory issues.
Mark your calanders for the may 6th - 15th Annual Spring Conference
Where? New York, NY
Designed to bring members the latest issues, forums and new developments. LISA’s annual conferences are the biggest life settlement conference drawing over 500 attendees. This conference also includes discussion panels, research and development presentations, guest speakers, and above all, plenty of [...]