Life Settlement Broker at Life

Life Settlement Broker. A life settlement broker is expected to offer the owner’s policy to several life settlement providers and present all offers to the owner. Life settlement & viatical settlement brokers are the same exact professionals with the same licenses.

Life settlement broker an individual who represents the owner of the policy. Fees need to be disclosed to the policy owner in most states, but there are still about a half a dozen states that have not adopted laws, acts or. A life settlement typically occurs when someone of retirement age is looking to get access to the value of their policy as an extra source of income.

Life Insurance Settlements Inc.

Since life settlement brokers earn a large portion of their money through brokerage fees and transactions, there is a wide salary range within the profession. Life settlement & viatical settlement brokers are the same exact professionals with the same licenses. How do life settlement companies make money? The agent also receives a commission when a new life insurance policy is purchased to replace the policy that is being sold.