Sentences with phrase «life settlement brokers who»

If the broker is not licensed in the appropriate state, then that life settlement company may have to contract out to another life settlement broker who is licensed.

A life settlement is often facilitated through a life settlement broker who represents the policy owner and owes a fiduciary duty to the owner, including a duty to act according to the owner's instructions and in the best interests of the policyowner.

Not exact matches

You can go to a life - settlement broker, who will solicit bids from multiple buyers.

In the last few years, many states have implemented various licensing requirements for advisors, agents, brokers and providers who work with life settlements, while others have little or no licensing regulation.

It's better to find a life settlement broker through your financial advisor or insurance agent, who might even be licensed to do life settlements.

Life settlement brokers represent the individuals who are selling an existing life insurance policy to a life settlement buyer (usually an institutional investLife settlement brokers represent the individuals who are selling an existing life insurance policy to a life settlement buyer (usually an institutional investlife insurance policy to a life settlement buyer (usually an institutional investlife settlement buyer (usually an institutional investor).

Brokers are primarily interested in policyholders who are in their seventies, or younger if they have a serious illness, says Darwin Bayston, executive director of the Life Insurance Settlement Association.

Often, these investors — who are typically life settlement brokers or life settlement providers — will purchase a policy for far more than what can be received by simply surrendering or cashing out the policy.

The Life Insurance Settlement Association has a list of members on its Web site who can broker a sSettlement Association has a list of members on its Web site who can broker a settlementsettlement.