Life Insurance Settlement

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Life Insurance Settlement

A payment on a life insurance claim. That is, when the policyholder dies, the insurer makes a payment to the beneficiaries. This payment is called the life insurance settlement.
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Global Banking News-December 22, 2017--Aflac and State Farm reach life insurance settlements following regulatory intervention
Harbin are licensed life insurance agents, as is Freeman, who has been licensed for 37 years; he has focused on helping thousands access life insurance settlements and other living benefits for more than 25 years.
Producers are already in the uncomfortable position of having to weigh their clients' needs against their companies' policies," says Peter Katz, a life settlement broker and co-director of national accounts at Life Insurance Settlements Inc.
Weinberger, CLU, ChFC, CLTC, has specialized in life settlement brokerage services since 2003 and is currently the director of national accounts for Life Insurance Settlements Inc.
Although current regulations only prohibit non-securities-licensed individuals from participating in settlement investments, all producers involved in life insurance settlements should:
If clients want to get a settlement for their life insurance policies, or invest in securitization of life insurance settlements, what should you tell them?
Arnold Schwarzenegger has signed into law a Senate bill that exempts life insurance settlements for the Armenian Genocide from state taxation.
With increasing frequency, life insurance settlements are being used as a means to help fund retirement.
Katz, JD, CLU, ChFC, co-director of national accounts, Life Insurance Settlements, Inc.
ACLI, Washington, put out a statement February 3 asserting that packaging life insurance settlements into securities raises the risk of fraud.
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