Medicare Supplement – Insurance Quotes

Amrita Financial partners with Finance Logix to bring life settlements to financial planners and wealth managers. The partnership brings unprecedented life settlement tools to financial planners. Amrita Financial will supply its life settlement analytical tools and life settlement transactional platform for use by Finance Logix financial planners. The result is financial planners will have more robust tools that allow them to better understand clients’ life insurance values and treat a life insurance policy as a sellable asset. This will allow financial planners and their clients to access more information and ultimately make the best decisions possible.

This new partnership will have the financial planners using Finance Logix software accessing important analytical tools powered by Amrita Financial. A life insurance policy valuation tool available to financial planners will be one of the most important tools resulting from this partnership. Amrita Financial’s software delivers an estimate of what a life insurance policy would be worth on the secondary market. Typically a life settlement can generate two to fives times more than the policy’s cash surrender value.

Understanding the life settlement value of a life insurance policy allows financial planners and their clients an opportunity to determine the best course of action with an unneeded or unwanted life insurance policy. Financial planners and their clients benefit because they do not have to assume a policy’s value is limited to the cash surrender value.

Once a planner and their client do decide to pursue a life settlement, their Finance Logix software is ready to further serve them. The Finance Logix software is tied into the Amrita Financial life settlement transactional platform which will allow the seller to receive bids from financial institutions. The transparency of the Amrita Financial system is vastly improved over the traditional bricks and mortar life settlement brokers. Financial planners and policy sellers have access to all of the critical information from the start of the life settlement process to the finish. Planners and clients can see all of the insurance and medical record documentation that has been collected, the number of financial institutions actively bidding and all offers in real time.

The new Amrita Financial and Finance Logix strategic partnership will make a significant impact on the way life settlements are originated. There is now an option that provides much better transparency and accountability compared with traditional life settlement brokers.

In summary, look for Amrita Financial to become a fixture in the financial planning community as a result of this strategic partnership with Finance Logix.

Want to find out more about life settlements, then visit Kelly Ramirez’s site on how to choose the best life settlement broker for your needs.

Tags: Finance, financial planning, Insurance, Life Insurance, life settlement, life settlement broker, viatical

This entry was posted on Wednesday, April 21st, 2010 at 3:32 pm and is filed under Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.