the best thing to happen to the industry since LISA.
Beverly Hills, CA (PRWEB) March 6, 2008
LiveSettlements.net (http://www.livesettlements.net), an independent consumer resource for life insurance policy owners considering selling their insurance policies, officially celebrates its launch. LiveSettlements.net is positioned as a senior settlement portal dedicated to providing accurate, easily accessible and concise information for seniors to make informed decisions about selling their life insurance policies.
LiveSettlements.net (http://www.livesettlements.net) offers policyowners who are considering selling their policy an opportunity to discover the potential benefits and drawbacks of senior settlements. Seniors who have difficulty with high life insurance premiums, mounting Medicare costs, or worsening health conditions can use LiveSettlements.net to explore how much they can sell their life insurance policy for, how to reduce life insurance premiums, and who to trust in selling their life insurance policies.
Life settlements, or senior settlements, is one of the fastest growing life insurance segments. Life insurance settlements, where seniors sell their life insurance policies to a secondary market, are increasingly viewed as the best alternative to cash surrendering a life insurance policy or letting it lapse. 20% of all American life insurance policyowners are estimated to be eligible for a life settlement; but only a fraction of seniors are aware of life settlements as an alternative to cash surrendering a policy. Prior to LiveSettlements.net, the primary means of learning life settlements and finding life insurance settlement education was through agents, brokers, and life settlement providers.
Life insurance agents and life settlement agents, brokers, providers, and funders can also leverage the powerful information base at LiveSettlements.net to educate their life insurance clients. Shel Bachrach, President of Entertainment Insurance powerhouse, Bachrach & Associates (http://www.bachrachassociates.com), calls LiveSettlements.net "the best thing to happen to the industry since LISA." LISA, the Life Insurance Settlement Association, is America's most widely recognized trade association that promotes legislation and regulation in the Life Settlements Industry.
LiveSettlements.net contains a free life settlement quote tool that instantly enables seniors to identify the cash value of their policy as well as their eligibility for a senior settlement. LiveSettlements.net also plans to release user forums, life settlement broker and life settlement provider company directories. LiveSettlements.net is also developing a proprietary platform where life insurance policyowners and agents can interact with life settlement agents, brokers, and providers. Currently, LiveSettlements.net can also be accessed at http://www.livesettlements.net or via RSS feeds.
For additional information on LiveSettlements.net, please contact Austin Guu or visit http://www.livesettlements.net.
LiveSettlements.net is a web portal operated by Extract Value LLC (http://www.extractvalue.com), a permission-based, Web 2.0 marketing company specialized in delivering relevant and credible consumer information. LiveSettlements.net draws information from sources believed to be reputable and promotes proprietary and copyrighted material.
Austin Guu, President
Extract Value LLC