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Financial
professionals today have an exceptional opportunity in the life
settlement market. You now have the ability to financially assist
your clients that has never before been available. A life settlement
presents insured individuals with a more desirable alternative to
surrendering a life policy or letting it lapse.
The fastest
growing segment of the countries population is the aging baby boomers.
Currently there is approximately $492 billion
(1) of life insurance in force for
people over 65 years of age. One quarter or $108 billion is available
for life settlements. Their financial and estate planning needs
are constantly changing. The demand for more flexible financial
tools is evident and quickly increasing. A life settlement can help
you meet these demands with great monetary benefits to you and your
clients. This represents a unique opportunity for today's financial
planners, estate planners, life agents and other financial professionals.
See Recent
Life Settlement Examples.
(1)
Source: Conning Insurance Research and Publications
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