Provada Blog
 

Small Face Amount Life Settlement Programs Launched

 

Posted by Lloyd Silver on Thu, Sep 6, 2007 @ 01:52 PM

Several life settlement providers have recently launched small face amount programs for policies under $500,000. Backed by large institutional funding, the "SFP" program is a simple and fast way to include Life Settlements in your insurance practice!

With just the application and illustration, your client can receive a competitive Life Settlement offer for qualifying policies!

  • No medical records or life expectancy report required!
  • Offer in 10 days or less!
  • Move to closing fast!

How is this possible?

  • Size of the Market - Policies of $25,000 to $500,000 comprise the vast majority of inforce policies. By targeting these policies, a large number of our producers should benefit from this program.
  • Ease of the Process - Attending Physician's Statements and Life Expectancy reports are not required to obtain an offer. Simply submit a special application and illustration, and that's it!
  • Tremendous Profits - The huge volume potential, combined with no out-of-pocket cost to obtain an offer, equals a highly profitable business.
[tags]life settlements[/tags]

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