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Reply to Obligation to Inform Clients of Life Settlements?     
Old 10-23-2014, 05:35 PM   #1
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Brian Anderson on Obligation to Inform Clients of Life Settlements?
 
Join Date: May 2014
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State: Brian Anderson is an Insurance Agent from Colorado
Obligation to Inform Clients of Life Settlements? Obligation to Inform Clients of Life Settlements?
Should agents be required to inform clients about life settlements, and can carriers or broker-dealers legally prohibit them from doing so?
These are among the fundamental questions surrounding a potential landmark case for the life settlement market. You can read more about the specific case at the link below, but my question is, when it comes to a client who is considering taking the cash surrender value or letting a policy lapse, should you be 1) allowed and 2) required to inform them of the other options available, including the possibility of a life settlement?
This case in California, Larry Grill, et al. v. Lincoln National Life Insurance Company, could go a long way toward providing legal guidance on the subject.

Insurance Forums | Landmark life settlement case brings up fundamental questions for carriers, agents
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  Reply With Quote to Obligation to Inform Clients of Life Settlements?

Old 04-29-2015, 12:35 PM   #2
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stormtracker on Obligation to Inform Clients of Life Settlements?
 
Join Date: Feb 2008
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State: stormtracker is an Insurance Agent from Louisiana
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Obligation to Inform Clients of Life Settlements? Re: Obligation to Inform Clients of Life Settlements?
Ever heard of Annua Group? They are recruiting...

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  Reply With Quote to Obligation to Inform Clients of Life Settlements?
Old 06-28-2015, 02:39 PM   #3
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State: awooten is an Insurance Agent from
Obligation to Inform Clients of Life Settlements? Re: Obligation to Inform Clients of Life Settlements?
Hi storm tracker. It appears we have some of the same questions. I have not been able to find any information other than what they have provided. Have you been able to find anything?
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  Reply With Quote to Obligation to Inform Clients of Life Settlements?
Reply to Obligation to Inform Clients of Life Settlements? 

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