SETTLEMENTS FOR LIFE ACCESSES NEW FUNDS FOR PURCHASE OF LIFE INSURANCE POLICIES

Settlements For Life, brokering life insurance policies in the secondary market since 2003, has begun 2012 with vigor. New capital sources have translated into new selling opportunities for seniors who have life insurance policies they no longer need or want. Such policies can be sold on the secondary market in a life settlement or senior settlement transaction.

Since more competing funds are looking to buy policies we are beginning to see increases in the price a policyowner might get for their life insurance policy.

Seniors can explore selling their life insurance policies through a simple application process. The application process is free and Settlements For Life gathers all of the information necessary to get the highest bids available for a policy. In addition, a Settlements For Life representative will fly to the seller's location to assist with the signing and completion of sales contracts.

Work with a national life settlement broker trusted throughout the United States - Settlements For Life.

www.settlementsforlife.com

info@settlementsforlife.com

877-588-5558

Settlements For Life - Enhancing The Value Of Your Life

Life Settlement Broker Reports Improvement In Life Settlements Market

The senior life settlements market is improving!

Per a major buyer that has just released first quarter 2011 statistics, bids for policies are up nearly 50%, bids being accepted have increased and the amount of life insurance policies submitted for evaluation have increased.

Whereas several years ago the average price for a senior life insurance policy averaged about 22% of the death benefit amount, the average price paid by one buyer was about 13% of death benfit amount. Most on life insurance policies between $1 million and $3 million face amount. Other buyers are still paying higher than 13%, depending on various factors.

The avreage age of insureds selling policies has increased to between 80 and 85 years old,with 81 being the actual average number. This is due to the increased life expectancies seen in the secondary market today.

The average life expectancy on purchased policies was between 7 and 10 years.

The market is showing interest by an increasing number of buyers. Settlements For Life just received an offer of $1 million on a $5 million life insurance policy, has successfuly sold other cases recently, and has more inventory to sell. Settlements For Life is a national life settlement broker and has been in business since 2003.

For more information about selling your policy or the policy of a client contact Settlements For Life. 877-588-5558. Email:info@settlementsforlife.com. http://www.settlementsforlife.com/

Agents Should Rely on Broker in Life Settlement Process

During tough economic times agents in life 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

Mortality Calculations Stabilize | Better Life Settlement Pricing For Consumers

Toward the end of 2008 life insurance policy owners were virtually unable to sell their life insurance policies because of a change in the way mortality was calculated for policy buyers (Life Settlement Provider Companies.) Since that time many adjustments have taken place in the market and banks, hedge funds and other buyers of and investors in life insurance policies have been somewhat squeamish. Now that mortality calculations have stabilized the market is seeing an increased interest by investors in re-entering the life settlement market.


Where’s The Money?

2010 was a quiet year for the life settlement business and seniors wanting to sell their policies were stuck in a buyer’s market and either did not sell their policies or sold them for less than the 23% of face average buyers were accustomed to seeing in 2008 before the market adjustment. The money is back! As more buyers re-enter the market the prices paid for policies should increase in 2011. While still early in the year and it is still a buyer’s market, more investment demand will create higher pricing for policies and life insurance policy owners will once again feel like they can get value from the sale of their policies on the secondary market.

What If I Want To Sell My Policy?

To get the most value from your life insurance policy call a qualified, experienced and licensed life settlement broker. The broker will guide you through the simple process.


By: Ronnie Katz, CPA
Settlements For Life, LLC
http://www.settlementsforlife.com/

What Kind Of Life Insurance Policies Qualify For A Life 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

www.settlementsforlife.com

info@settlementsforlife.com

Can I Sell My Term Life Insurance Policy?

As a life settlement 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

877-588-5558
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National Life Settlement Broker Since 2003

Life Insurers Must Notify About Life Settlement Option Under NCOIL Model

NCOIL (The National Conference of Insurance Legislators) has adopted a model that requires insurance carriers to inform life insurance policy holders that selling one's life insurance policy can be a viable alternative to surrendering one's policy.

Consumers/life insurance policy owners will benefit from the new NCOIL model because in most cases one can get more cash by selling their policy in a life settlement transaction than if they just surrender their policy for cash value.  Selling one's policy is already a very popular concept and a valuable tool for those 65 and older who have life insurance policies but no longer need or want them.  In addition, most states have approved the life settlement process by passing laws which give policy owners protections during the process.

The NCOIL Model requires insurance carriers to notify policy holders over age 60, or who are terminally ill, that they have alternatives.  Alternatives include selling a policy on the secondary market. 

For more information about selling your life insurance for cash now, rather than taking less from the insurance carrier, call a representative at Settlements For Life.  Settlements For Life is licensed in most states and has been a national life settlement broker and viatical broker since 2003.  Settlements For Life is regarded as one of the most experienced and trusted names in the life settlement business.

We work direct with life insurance policy owners and financial advisors to get the most cash for a life insurance policy.

Settlements For Life
Enhancing The Value Of Your Life
http://www.settlementsforlife.com/
info@settlementsforlife.com

877-588-5558