*Loan,banking and credit>>>insurance settlement

Life insurance settlements (polices for sale to a 3rd party provider), What providers deal without brokers?

What providers can buy new originations? Who is financing premiums for new originations?

Hi, your friendly insurance guy here, again.

I really have no answer for you other than to suggest you not get involved in making a career out of life settlements. They're regarded in many ways as unethical and they harm just about everyone. Here's why:

The insured person, after selling the life insurance, may decide to get insured again. The amount available will be reduced because there are guidelines regarding just how much insurance a person can be eligible for.

It hurts beneficiaries. the more life settlements get used, the more likely it becomes that insurance contracts will begin to get classed as a commodity. If that happens it will make life insurance harder to work with and opens it up to all kinds of taxation, so the intended recipients of the proceeds will lose out.

It hurts insurance companies because they'll have to redesign their business models to compensate fo that.

that will drive up insurance costs.

It's a losing proposition and I hope folks will skip making careers of it. Source(s): I'm a licensed insurance and investment rep.