Over 150.000 insurance professionals and consumers come to the Insurance Forum every month. Click here to register for FREE


Go Back   Insurance Forums > Insurance Agents and Brokers Forum > Life Settlements Forum

Reply to Stars Aligning for Life Settlements Market?     
Old 07-07-2016, 11:15 AM   #1
Guru
Brian Anderson on Stars Aligning for Life Settlements Market?
 
Join Date: May 2014
Posts:518
State: Brian Anderson is an Insurance Agent from Colorado
Stars Aligning for Life Settlements Market? Stars Aligning for Life Settlements Market?
Posted a new article (link below) about how prospects are currently trending up for life settlements market – and forces are in place that could keep it that way for a while. One of the people quoted in the article said most advisors may only run across an opportunity for a life settlement once every two or three years – which seemed a bit surprising. But he also pointed out he thinks most advisors never even bring it up as an option to senior clients because they don’t have a comfort level with the settlements market.

Do you ever bring it up as a possible solution, or do you think most life insurance agents would do whatever they can to keep the policy in force? And do you believe the settlements market will expand significantly in coming years, or stay about where it is now?

Insurance Forums | Stats, demographics suggest life settlements industry well positioned for long-term growth
------------------------------------
  Reply With Quote to Stars Aligning for Life Settlements Market?

Old 07-07-2016, 05:12 PM   #2
Guru
 
Join Date: Oct 2011
Posts:715
State: tlmarketing is an Insurance Agent from Pennsylvania
Stars Aligning for Life Settlements Market? Re: Stars Aligning for Life Settlements Market?
While money is available to buy policies, there are very few policies out there that will qualify for a life settlement.

Maybe there will be modest growth, but the reality is that once the premium finance, STOLI, etc. was cleared out, this is a $2 billion dollar industry on its best day....which I believe is similar to 2001 before all the games started.

The agent may try to keep the policy inforce, but the conversation is usually started by the consumer when they can no longer afford the premiums.
------------------------------------
  Reply With Quote to Stars Aligning for Life Settlements Market?
Old 07-22-2016, 03:54 PM   #3
Guru
lifesettlementadvisor on Stars Aligning for Life Settlements Market?
 
Join Date: Jun 2007
Posts:439
State: lifesettlementadvisor is an Insurance Agent from Texas
Stars Aligning for Life Settlements Market? Re: Stars Aligning for Life Settlements Market?
Originally Posted by tlmarketing View Post
While money is available to buy policies, there are very few policies out there that will qualify for a life settlement.

Maybe there will be modest growth, but the reality is that once the premium finance, STOLI, etc. was cleared out, this is a $2 billion dollar industry on its best day....which I believe is similar to 2001 before all the games started.

The agent may try to keep the policy inforce, but the conversation is usually started by the consumer when they can no longer afford the premiums.
This is 100% not true. In 2015 the market deployed well over 2 billion! Where do you get your information?

------------------------------------
Send me a PM to find out how life settlements can help your clients!

"Do your duty in all things. You cannot do more, you should never wish to do less" ~~Robert E Lee
  Reply With Quote to Stars Aligning for Life Settlements Market?
Old 07-25-2016, 05:28 PM   #4
Guru
 
Join Date: Oct 2011
Posts:715
State: tlmarketing is an Insurance Agent from Pennsylvania
Stars Aligning for Life Settlements Market? Re: Stars Aligning for Life Settlements Market?
Originally Posted by lifesettlementadvisor View Post
This is 100% not true. In 2015 the market deployed well over 2 billion! Where do you get your information?
It's not true....when you back out tertiary transactions, it's less than $2 billion.

I used to manage the eastern half of the U.S. for one of the largest providers in the business, and still stay active with contacts, etc.

I wish the market was bigger, but it's not.
------------------------------------
  Reply With Quote to Stars Aligning for Life Settlements Market?
Reply to Stars Aligning for Life Settlements Market? 

  Insurance Agent Forum > Insurance Forums > Insurance Agents and Brokers Forum > Life Settlements Forum


Tags
life settlement




Similar Threads with Stars Aligning for Life Settlements Market?
Thread Thread Starter Forum Replies Last Post
403b Market & Life Insurance baggins415 Annuities Forum 37 03-22-2016 12:10 PM
The Final Expense Market: Overview and Demographics chaos Final Expense Forum 19 04-15-2012 02:01 PM
Life Settlements from Agent Point of View lifesettlementadvisor Life Settlements Forum 21 03-26-2012 08:58 AM
Aetna Latest Out of Ind. Individual Health Market STIBROKER Health Care Reform Forum 26 08-13-2011 09:04 AM
SEC to Regulate Viaticals ? Clint Life Settlements Forum 3 08-16-2010 08:44 AM



All times are GMT -5. The time now is 03:45 AM.

Forum enabled with vBulletin®
Copyright ©2000 - 2017, vBulletin Solutions, Inc.


Join the Forum - It's FREE

Share This Page



Weekly Poll

What’s the biggest selling point for voluntary benefits?