ORLANDO, Fla., July 23 FL-AdvancedSettlement
ORLANDO, Fla., July 23 /PRNewswire/ -- Advanced Settlements, Inc., a
national leader in the life settlement marketplace, announced they are now
able to sell convertible Term Policies on clients over the age of 56. "This
gives Advanced Settlements a leading edge in the life settlement marketplace
by offering an abundance of great products designed to accommodate your
client's financial goals," said Scott Kirby, Co-President of Advanced
Settlements, Inc.
Eligibility Criteria:
-- The individual has to be over the age of 56 with an average life
expectancy up to 20 years
-- Term Policies with conversion to UL privileges
-- Death Benefits ranging between $250,000 and $5,000,000
-- In force for a minimum of two years
-- Policies issued at Preferred or Standard Rate classes
Click on the link below to view the Advanced Settlements Term Conversion Ad
http://www.advancedsettlements.com/assets/pages/Term.php
A life settlement is the sale of a life insurance policy to a third party
for a cash payment that amounts to less than the full amount of the death
benefit and more than the policy surrender value. Proceeds may be used 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.
About Advanced Settlements
Founded in 2000 in Orlando, Florida, Advanced Settlements, Inc. is a
national leader in the life settlement marketplace. Advanced Settlements,
Inc. has transacted over $5.5 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 marketing, 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
This ad is intended for insurance and financial professionals only, and
not for use for the general public. This advertisement does not apply to
variable life settlements. Variable life settlements are settled through our
BD affiliate. Life Settlement amounts are based on numerous factors. Actual
results will vary. 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.
SOURCE Advanced Settlements, Inc.
