August 2010, Volume 4, Issue 8 |
Exploring the life settlement option for clients |
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By Cyndi Poveda - Over the last five years, the life settlement marketplace has moved toward an environment where most of the population is now protected through regulation.
The 39 states implementing regulation of life insurance settlement have been guided by models proposed by the National Association of Insurance Commissioners and the National Conference of Insurance Legislators. Both these models were updated in 2007 to address the changing environment. …
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Question: What types of situations are triggering consumer interest in life settlements today, compared to two years ago? Are you seeing a trend that would help me address my clients' needs?
Strategies from our sponsor
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Clients have specific needs. Coventry offers tailored solutions.
Now advisors can present new, tailored solutions which help answer the needs of today's aging population.
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 it's a customized transaction |
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A committee of one of the following organizations recently proposed that life insurers be required by law to tell policy owners that life settlements are an alternative to surrendering their policies. Which group was it?
a) Life Insurance Settlement Association
b) Institutional Life Markets Association
c) National Conference of Insurance Legislators
d) National Association of Insurance Commissioners
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find the answer
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