Archive for May, 2008
Delta to cut 1,000 more jobs on severance turnout: report
SAN FRANCISCO (MarketWatch) — Delta Air Lines Inc. will cut at least 1,000 more jobs than originally planned because more workers than expected took the company’s voluntary severance packages, The Associated Press reported Friday. Delta told the AP that more than 3,000 employees took the package. Earlier in the year, the airline had said it would accept more job cuts if severance package takers exceeded the company’s goal of 2,000.
Term Life Insurance Settlements – Confirm Convertibility Now
Term life insurance policies can be a life settlement gold mine for insureds over the age of 55 – but only if they are convertible! And, even if you are not interested in selling your term policy today you should confirm when the convertibility privilege now.
Unwinding a buy-sell agreement with a life settlement
A life settlement can be an overlooked gold mine to a company that is unwinding its buy-sell agreement. Unfortunately, many companies overlook life settlements because they are unaware the option exists.
What is LISA?
LISA was founded in 1995 as a non-profit trade association for members of the viatical and life settlement industry and associated businesses. It is the oldest and largest association in the business with more than 120 companymembers.
Recent Life Settlement Case Summary
This client had two life insurance policies, totaling $750,000 of universal life. He decided to have both policies shopped on the secondary marketplace, which we did for him. This client is 70 years old with health issues. His estate no longer needed the coverage.
After several weeks of generating competitive bids, we were able to secure a high offer of [...]
Premium Financing
Learn all about premium financing and life settlements.
Life Insurance Settlements – What should consumers look for?
The LISA White Paper provides some valuable information regarding what consumers should look for when executing a life settlement.
Compliments for this Life Settlement web site
“I went through your web site and I kind of read through it and it is a very good web site, it is very nice, it is very clear; it’s easy for someone who doesn’t know about life settlements to understand the concept. It’s also original for someone who knows a little bit about life settlements, it’s [...]