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
09-17-2008 12:24 am
Charles M. Edwards Company, Inc. and Charles Schwab & Co., Inc. agreed on terms, today, paving the way for trademark registration of the mark, CharlesEdwards.
NEWPORT BEACH, CA (September 17, 2008) Charles M. Edwards Company, Inc. (CharlesEdwards) announced today that it had entered into an agreement with Charles Schwab & Co., Inc. in which Charles Schwab agreed to withdraw its objection to the application filed by CharlesEdwards to register its mark, CharlesEdwards, with the United States Patent and Trademark Office.
Major terms of the agreement call for the mark, which will be applied worldwide, to be used only without italicization and that existing materials previously including the italicized style to be replaced within a specified period of time.
"We are very pleased to have reached this amicable agreement with Charles Schwab over the use and stylization of our mark, CharlesEdwards," said Steven E. Tartaglini, Chairman and Chief Executive Officer of CharlesEdwards. "For over 3 years, our clients have known us by our tradename, CharlesEdwards. This agreement with Charles Schwab paves the way for us to now proceed with the full trademark protection that we sought out to obtain when we first filed our application with the USPTO in November of 2007."
CharlesEdwards anticipates receiving full registration rights by the end of January 2009.
About CharlesEdwards
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.
Back to the Life page »
