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
CharlesEdwards' New Foundation to Give Alzheimer's Patients Financial Support
January 20th, 2010
Selling their life insurance policy has always been an immediate cash source for helping Alzheimer's patients pay the cost of their memory care. Adding to their life insurance settlement proceeds, in the future, these same patients may also qualify for a grant from the Zakeya R. Deratany Foundation.
The Board of Directors of Charles M. Edwards Company, Inc., parent company of national life settlement broker-CharlesEdwards, announced plans to proceed with the creation of the Zakeya R. Deratany Foundation. The proposed tax-exempt foundation plans to provide grants to Alzheimer's patients in need of special in-home care or a memory care facility but lack financial means to fully pay for it.
CharlesEdwards' Sister Division Enables Insurance, Financial & Legal Professionals to Become Their Own Life Settlement Brokers
April 16th, 2009
Charles M. Edwards Company, Inc., launched a new division parallel to its national life settlement broker division, CharlesEdwards. The new division, Life Settlement Administrators (LSA), will enable all insurance, finance, and legal professionals to become their own life settlement brokers without the cost, time and aggravation of having to start up their own firm from scratch.
CharlesEdwards is Granted Registered Trademark Status
January 30th, 2009
CharlesEdwards is granted United States registered trademark status. Combined with its previous trademark registration of the trusted name in life settlements, CharlesEdwards is on track to become the brand name consumers will recognize in the United States when they want reliable, trusted representation of the sale of their life insurance policies in the life settlement market.
CharlesSchwab & CharlesEdwards Reach Trademark Agreement
September 17th, 2008
Charles M. Edwards Company, Inc. and Charles Schwab & Co., Inc. agreed on terms, today, paving the way for trademark registration of the mark, CharlesEdwards.
CharlesEdwards Adds Registered Trademark
July 8th, 2008
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.
CharlesEdwards Corporate Parent Appoints WalMart Former COO to Advisory Board
September 18th, 2006
WalMart former COO, Jim Haworth, is appointed to the Charles M. Edwards Company, Inc. Advisory Board
CharlesEdwards' Parent Corporation Appoints U.S. Presidential Advisor to its Advisory Board
August 28th, 2006
CharlesEdwards announced today that Dr. John Rutledge, Chairman of Rutledge Capital and advisor to two U.S. Presidents, has joined the Company's Advisory Board.
