Excerpt from: Life Settlement Update
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| August 08, 2008 | | Life settlements are Wall Street's newest and fastest growing asset class | As a life settlement broker we represent the client and are responsible for negotiating the best available deal from investors. Who are these investors? It is really the whos who of Wall Street. Almost every major financial institution invests in life settlements. As far as they are concerned these are extremely low risk investments that provide excellent returns. The life settlement process is complex and quite lengthy. A policy may be submitted to 20 or more investors along with supporting documentation. It might take weeks to arrive at offers which your broker is ready to discuss with you. Because it is a highly interactive selling process experience is really of great value and should be a main criteria in your choice of a life settlement broker. | | |
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