Learning Center includes: Videos, Articles, Podcasts, Life Settlement Policy Evaluator, etc.
ORLANDO, Fla., March 24 /PRNewswire/ -- Advanced Settlements, Inc., a national leader in the life settlement marketplace, announced the launching of the Life Settlement Learning Center. "The Life Settlement Learning Center is a great way to educate the marketplace," said Scott Kirby, a managing partner of Advanced Settlements, Inc. "At Advanced Settlements, Inc., we believe education is a key part to the growth of the life settlement industry.
To gain access to the Life Settlement Learning Center click on the link below.
http://www.advancedsettlements.com/assets/pages/registration.php A life settlement is the sale of a life insurance policy to a third party for a cash payment less than the full amount of the death benefit - but for more than the policy surrender value. Proceeds may be used in any way the seller sees fit, although they are often used to buy a more cost effective life insurance policy or annuity, purchase long term care insurance, provide cash gifts to family members, etc.
"Life Settlements give seniors a potential exit strategy for life insurance policies they view as too expensive, poor performing, or no longer meeting their original needs," said Mr. Kirby. "Selling one's life insurance policy as part of a broader financial planning strategy can be a prudent financial decision for high net worth seniors facing changing life circumstances," Mr. Kirby added. "Of course, as with any transaction, the settlement must make sense in light of the entire financial plan of the client. There could be an impact to taxes, benefits, and even the amount of insurance a client may buy in the future. It makes sense to fully explore this option before proceeding." About Advanced Settlements Founded in 2000 in Orlando, Florida, Advanced Settlements, Inc. is an industry leader in the life settlement marketplace. Advanced Settlements, Inc. has transacted over $5 billion in life insurance policy face value. The company operates as a broker to obtain multiple offers from qualified investors and institutional funding sources in pursuit of the highest offer possible for each client's life insurance policy. Advanced Settlements offers educational outreach, errors and omissions coverage, marketing support and compliance assistance to agents and financial professionals. The company may be reached at 1-800-561-4148 or at advancedsettlements.com Variable life settlements are settled through our BD affiliate. Life settlement amounts are based on numerous factors. Actual results will vary. According to our internal statistics, the average purchase price obtained by viators through Advanced Settlements, Inc. (from July 1, - December 31, 2007) is approximately twenty-two percent of the face amount of a qualified life insurance policy. Some or all of the proceeds of a life settlement may be taxable under federal or state income tax laws. Advice from a professional tax advisor is recommended. The number of bidders for a policy may be limited; proceeds from sales of similar policies may vary and may be subject to claims of creditors. Receipt of proceeds may impact eligibility for government benefits and entitlements. Prior to sale, the insured should consider the continued need for coverage, impact to estate plans, availability of insurance, cost of comparable coverage, or tax implications. There may be high fees associated with the sale of a life settlement. Securities offered through securities licensed representatives of NFP Securities, Inc., a Broker/Dealer and Member FINRA/SIPC. Advanced Settlements is an affiliate of NFP Securities, Inc. and a subsidiary of National Financial Partners Corp., the parent company of NFP Securities, Inc. Advanced Settlements, Inc. (or its principals) is a licensed broker or producer in all states where life settlements are regulated, except Montana. Location and mailing address: Advanced Settlements, Inc., 2101 Park Center Drive, Suite 220, Orlando, FL 32835. DATASOURCE: Advanced Settlements, Inc.
Contact: Advanced Settlements, Inc., +1-800-561-4148 Web site: http://www.advancedsettlements.com/
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