CLEVELAND, April 5 /PRNewswire/ -- The new Insurance Valuation Service(SM)
from Life Settlement Insights makes it easy for advisors and clients to know
how much their life insurance policies are worth. This new service can
generate estimates in minutes for any policy that might be sold in the
secondary market for life insurance.
The secondary market for life insurance allows seniors who no longer need
their life insurance policies to sell them to financial institutions. The
buying institution assumes responsibility for future premium payments and
eventually collects the death benefit. Many advisors are hesitant to offer
this option to clients because of their inability to answer basic questions
like: "Can I sell my policy?" and "How much is it worth?" Life Settlement
Insights' Insurance Valuation Service(SM) answers these questions
confidentially and quickly. "This service is our response to the frustration
of advisors who can't get a simple answer to these fundamental questions,"
said I. James Cavoli, CEO of Life Settlement Insights. "Answering these
questions is the kind of professional service advisors seek to deliver to
clients. We believe we are the only firm offering immediate price estimates."
The Insurance Valuation Service(SM) uses proprietary pricing software and
extensive experiential databases to generate estimated valuations. "I've
never seen a better prospecting tool or more focused sales support package for
life settlements," said Ellen Radcliffe, Vice President of Brokerage Concepts,
Inc. in Philadelphia, Pennsylvania.
"The market is rapidly gaining acceptance, but there are few, if any,
places for advisors to turn when trying to get policy valuation questions
answered quickly," said Ron Alexander, Chief Marketing Officer. Insurance
Valuation Reports(TM) are free to any advisor who works with Life Settlement
Insights. For more information, please visit the company website
at http://www.LSInsights.com .
About Life Settlement Insights
Life Settlement Insights (LSI) is a leader in the national secondary
market for life insurance, operating through financial service agencies and
brokerages. The firm helps advisors realize fair market value for clients'
life insurance policies by structuring and negotiating life settlements with
its national network of financial institutions. LSI increases values by
employing experienced, credentialed negotiators who use the firm's proprietary
pricing models, an on-staff medical director, and case design personnel to
optimize returns.
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