tag:blogger.com,1999:blog-1852864095676751741.post3156782378943946344..comments2023-09-11T07:16:16.642-07:00Comments on Settlement Loan: Does life insurance 'life settlement' make sense?Unknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1852864095676751741.post-66927508456619610862011-07-12T04:11:23.163-07:002011-07-12T04:11:23.163-07:00I am quite surprised after reading your question. ...I am quite surprised after reading your question. I don't why people think about life insurance policy as a tool to make money by speculating it. In any case the carrier got to know the clients intention behind making a policy there is a possible chance that carrier will deny to offer a policy. The whole idea is not at all worthy.liability insurancehttp://www.boltinsurance.comnoreply@blogger.comtag:blogger.com,1999:blog-1852864095676751741.post-58219343869512678772011-07-04T06:15:49.088-07:002011-07-04T06:15:49.088-07:00HiHiAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1852864095676751741.post-55925266229284720182007-09-23T06:06:00.000-07:002007-09-23T06:06:00.000-07:00You are correct, non-recourse premium financing is...You are correct, non-recourse premium financing is problematic. If you provide the insurance company underwriting the policy on your life with the exact information in your question, the policy will not be issued. The insurance companies will not issue a policy when they know the intent of the insured is to sell the policy. Life insurance is not an investment. It is not a wagering instrument. It is not to be used for speculation. Unfortunately, many agents and consumers have entered into arrangements to circumvent the insurance companies and this is likely to be construed as fraud. Today, insurance companies ask the insured, owner and the agent if the policy intends to be financed. If it is to be financed, more extensive questions will be asked about the financing program and your intent. If you have a legitmate need for life insurance, premium financing is a great option to consider. There are only a few financing companies in the United States that are considered to be experts in this type of life insurance transaction as they work closely with insurance companies. Call 561-988-8984 and ask for Jocelyn Johnson who will guide you to a qualified representative.Anonymousnoreply@blogger.com