Is a Preliminary Life Settlement Quote Possible?

One question that many prospective Life Settlement clients ask is "Are you able to give me a preliminary Life Settlement quote or viatical settlement quote for my policy, based on the medical and policy information I have just given you?

Our answer: "We or anyone else who would do so would be doing you a disservice by making any kind of quick guess." Each policy deserves a comprehensive evaluation. As with medical examinations, Life Settlement appraisals require professional guidance, deliberate effort, study, and time. It's too important for an eyeball estimate.

Life Settlement Variables

Think of it this way: can you take a physical exam over the phone? Not really. There are no reliable shortcuts. To take this a step further, a seasoned Life Insurance professional is capable of making preliminary judgments about whether a prospective Insured would be issued preferred, standard, or rated policy.

When the Insured has very serious health problems, however, the Life Agent may need to use a specialty Impaired Risk carrier, and a Trial Application, before any application is taken, or medical exams are ordered. The life settlement process is similar to the underwriting process for Impaired Risk cases, only far more complex.

Life Settlement Appraisal

Arriving at the Life Settlements True Market Value depends on assessment of Life Expectancy, Policy Maintenance Costs, age of the Insured, and maximum exposure to qualified Life Settlement funders. True Market Value of a Life Settlement requires that every policy be exposed to the market in such a way as to create a vigorously competitive bidding process. There is no fixed price or chart that predicts what a Life Settlement funder will pay for any given policy, on any given day. More About Preliminary Life Settlement Quotes

  Not Registered In Texas
Life Settlement INdustry News 06/20/05

Life Settlements and Real Estate Investing Cash from Life Settlements can boost real estate holdings.Many seniors do not realize that there are no restrictions on the use of their Life Settlement proceeds...

More About Premium Financing

Premium Financing. Affluent insureds can use leverage to buy life insurance using recourse and non-recourse premium financing. After two years, the coverage may be sold as a Life Settlement, or retained....

More About Premium Financing Life Settlement Questions Call 1-877-224-2200
Site Map

09/20/04 Preliminary Life Settlement Quotes Every policy holder and advisor. More..

09/01/04 The End of Costly Insurance Premiums In addition to providing cash, life settlements. More...

08/24/04 Life Settlements used for Estate Planning offer opportunities for professionals. More...

08/03/04 Life Settlement Market Benefits. What if a policyholder's preferences change. More...

Life Settlement Questions Call 1-877-224-2200