Who are the different parties involved in US Insurance Settlements?
Here are some parties who are involved in US insurance settlements: Financial Advisors: They execute financial transactions on behalf of their clients. They can be accountants, attorneys, financial planners, insurance advisors, estate planners and certified senior advisors. Providers: They purchase the policy of the insurer at a bigger amount vis–vis the policys cash surrender value. They safeguard the policies as confidential assets. Brokers: They act as intermediaries by establishing a contact between the owners of the policies and the providers who intend to purchase them. Brokers try to sell the policies to more than one provider. Investors / risk takers: Also labeled as financial entities, they finance life insurance transactions by providing capital. They make use of their own capital or obtain it from various sources. These life insurance settlement investors make payment to the policy owners once the transactions close. Life Expectancy Providers (LEPs): These are specialized i
