Life Settlement Articles & News
Selling Your Life Insurance Policy? A Consumer's Guide to a Life Settlement.
Deciding to keep a life insurance policy, surrender it, let it lapse, or sell it as a life settlement, requires careful thought. The purpose of this Insurance Studies Institute document is to help you become more informed and to understand your choices.
http://www.insurancestudies.org/Consumers/ConsumersGuideInsuranceStudiesInstitute.pdf
Why Life Settlement? The Benefits of Choosing a Life Settlement
Results of a recent survey showed that 60-70% of seniors do own life insurance, but only 50% have some knowledge of life settlements. The Purpose of this Insurance Studies Institute document is to inform seniors about life settlements, the steps in a life settlement and what a consumer can expect.
http://www.insurancestudies.org/articles/WhyLifeSettlements.pdf
Have Questions about a Life Settlement? Top Ten Questions about a Life Settlement.
The New York State Insurance Department has provided seniors with a guide that includes frequently asked questions about a life settlement, the processes and procedures of a life settlement, and the implications of undertaking a life settlement.
http://www.ins.state.ny.us/que_top10/que_life_set.htm
CharlesEdwards Wants Seniors to Understand and Avoid STOLI
A life settlement is a legal transaction whereby the owner of a life insurance policy sells his or her life insurance policy in return for an amount that exceeds the cash surrender value. In contrast, a STOLI (Stranger Originated Life Insurance ) is an illegal transaction where a third party, convinces a person to take out a life insurance policy with an agreement that the third party will assume ownership of the policy in return for some sort of compensation. The prominent operators in the life settlement industry adamantly oppose STOLI and have sought laws and regulations to stomp out STOLI activities.
This Insurance Studies Institute article explains the difference between a Life Settlement and STOLI and provides information on how to avoid STOLI.
http://www.insurancestudies.org/series/ISI_LifeInsuranceSettlementSeries_IV.pdf
News About CharlesEdwards
07-08-2008 12:40 am
CharlesEdwards adds the trusted name in life settlements to its brand as a registered trademark. United States Patent and Trademark Office Awards Registration to Charles M. Edwards Company, Inc.
Newport Beach, CA (July 8, 2008) The United States Patent and Trademark Office, today, notified CharlesEdwards that it had approved its application to register the mark, the trusted name in life settlements.
A spokesperson for Charles M. Edwards Company, Inc. (CharlesEdwards) a national life settlement broker, said that the application was originally filed on November 9, 2007 and that there was no opposition to the request.
According to its Founding Chairman and CEO, Steven E. Tartaglini, "CharlesEdwards was founded to be the exemplary model for other brokers in the life settlement industry by representing its clients with the highest degree of integrity and ethics in every transaction. Our commission rates are, most likely, the lowest in the industry, we practice full disclosure and transparency, and the interest of our client comes before everything else. Our professional advisors (financial planners, lawyers, accountants, and insurance agents) who refer clients to us know that we do not sell any other products or services and that our only source of revenue is from our client in connection with the life settlement transaction. It's this full transparency with no hidden agenda that truly makes us, the trusted name in life settlements."
"Receipt of this trademark registration completes one more step in the company's plan to build its worldwide brand, CharlesEdwards," Tartaglini said.
CharlesEdwards, a premier broker in the life settlement market, is the trusted name in life settlements. Headquartered in Newport Beach, California, CharlesEdwards represents policy owners in the preparation, submission, and negotiation of all offers received in connection with the sale of their life insurance policies. Policies with face values between $250,000 and $100 million are considered for representation.
CharlesEdwards is a member of the Life Insurance Settlement Association (www.lisassociation.org) and fully supports its mission to promote the development, integrity and reputation of the life settlement industry and to promote a competitive market for the people it serves.
For more information about CharlesEdwards, call toll free 800.492.5186 or visit us at www.charlesmedwards.com.
The trusted name in life settlements is a registered trademark of Charles M. Edwards Company, Inc.
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