Insurance Agents & Brokers Life Settlement
If you are an insurance agent or broker that is handling the needs of senior clients you may be considering a life settlement or viatical settlement. Life settlements have become very popular over the last few years due to the economy and inability for seniors to pay premiums on their life insurance policies. If you are an insurance agent or broker that works with seniors, you are in a unique position to offer senior life settlements to clients of unwanted or unaffordable life insurance policies. Ideal Settlements works with insurance agents and brokers throughout the United States that are interested in finding the highest payouts for their clients policies.
Ideal Settlements has gained the trust of many insurance agents and brokers throughout the United States. We share the same common goals as our partners. We provide a service that is essential to many seniors whom no longer need or can afford to pay the premiums on their life insurance policy. Financial & Insurance Professionals put their trust in Ideal because they know we will always put their client's financial needs ahead of both the buyer and our own.
As the popularity of life settlements continue to grow more life insurance agents and brokers are staying informed with the life settlement marketplace. While a life settlement may not always be the best option for some senior clients, it can certainly be a viable option for others. If you are an insurance agent or broker and searching for a life settlement company to assist you with a transaction, contact Ideal today.
Some of the benefits for providing life settlement options to your senior clients include:
- Their estate size has recently changed
- Money is needed to pay off debt or risk of bankruptcy
- Policyholder has outlived beneficiary
- Need funds for medical expenses or long-term care
- Charitable donation or gift to a family member
- Investing in other financial products
Ideal has the experience it takes to secure the maximum value for a life insurance policy. Ideal works with over 50 institutional buyers that are readily available to purchase unwanted or unaffordable life insurance policies. When you work with Ideal Settlements you will be working with a partner. We always keep our clients and representatives informed throughout the funding process. This includes the initial application, processing of information and underwriting of the policy.
Life Settlement Qualifications:
- Life Insurance policy face Value should be $100,000 or over
- Policyholder must have a life expectancy of 12 years or less to qualify
- Must be a change in health status since the policy was issued by the insurer
- Should be age 65 or over unless it’s a viatical
Viatical life settlements have different requirements than senior life settlements. If you have a client that is considering a viatical settlement, contact Ideal for additional information.
What we offer insurance agents and brokers:
- Ideal will pay the up-front costs when ordering life expectancy reports and medical records
- We provide the administrative costs of gathering, processing, packaging and sending out packages to each of our institutional buyers
- Ideal will handle the negotiation process in order to obtain the highest offers for the life insurance policy
If you are a life insurance agent or broker and searching for a client centric company that has the experience and tenacity to get the highest payouts for your client’s life insurance policy, contact Ideal today.
For additional information on the life settlement industry within your respected state, begin by following the links below: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia D.C.
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