BUYING LIFE INSURANCE TO COVER ELDERLY PARENTS
Life Settlements and Viatical Brokers - Life Insurance Settlements, Inc.
Life Insurance Settlements, Inc. prides itself on following the highest standards of . LIS has acquired Errors & Omissions insurance coverage for the firm from a .
http://www.lisettlements.com/responsibility.php
Life Settlement Brokers - How to Compare & Find One You Can Trust
Life settlement brokers give seniors more options and more cash than do life . Because Life Insurance Settlements are a relatively new financial service, it is . Errors and Omission Insurance (E&O Coverage): E&O insurance is a type of .
http://www.newretirement.com/Services/Life-Settlement-Broker.aspx
Bachrach & Associates | Life Settlements - We Purchase Life ...
Life settlements are transactions in which a policyowner possessing an unneeded or underperforming life insurance policy sells the policy to a third party for .
http://www.bachrachassociates.com/highnetworth/lifesettlements
Bachrach & Associates | We Provide Errors & Omissions Insurance
E&O is not covered by General Commercial Liability insurance and is designed . life settlements | life insurance settlement | Viatical and life settlement | dental .
http://www.bachrachassociates.com/business/errorsandomissions
COMPANY SPONSORED LIFE INSURANCE AGENTS ERRORS ...
COMPANY SPONSORED LIFE INSURANCE AGENTS ERRORS AND OMISSIONS POLICY. THIS IS A CLAIMS MADE AND REPORTED POLICY AND, .
http://www.archinsurance.com/docs/formsapps/captiveagents/CO%20SPONSORED%20LIFE%20INS%20AGTS%20EO%20POLICY.pdf
Term Life Insurance (for healthy seniors)
Key features:
- Medical examination required, to prove that the insured is in good health
Obtaining Errors and Omissions Coverage Indicates ... - Life-Exchange
May 26, 2006 . Obtaining Errors and Omissions Coverage Indicates a Growing and Strengthening Life Settlement Industry. ALTAMONTE SPRINGS May 26, .
http://www.life-exchange.com/news/articles/obtaining_errors_and_omissions_coverage_indicates_a_growing_and_strengtheni/- Insured covered up to the age of 90 or 95 (depends on insurance company guidelines)
- Premiums increase towards the end of the Term
- Many seniors outlive the fixed term so look for a policy that can be converted to whole life insurance
- Consider purchasing Burial Insurance also, should the senior outlive the Term
Burial Insurance (for healthy seniors)
Key features:
- No medical examination required
- Insured person is covered for life
- Premiums are locked-in and do not change
- Moreover, cash value increases over time
- If the insured is healthy, then you receive full benefit the day after you pay your first premium
- Coverage cannot be canceled as long as you pay your premiums on time
- Proceeds can be used for burial costs and other end-of-life expenses
Graded Benefits Burial Insurance (for seniors with health problems)
Key features:
- No medical examination required
- Insured person is covered for life
- Premiums are locked-in and do not change
- Policy increases in cash value over time
- You typically only get partial coverage for the first two years, and the full insured amount only in the third year of the policy
- Insurance company cannot cancel coverage as long as you pay premiums on time
- Proceeds can be used for burial costs and other end-of-life expenses
Life Settlements: An Insurance Planning Tool
Life settlements are a new insurance planning tool for older individuals in which . The advisor's errors and omissions insurance had to pay the original owner to .
http://www.nysscpa.org/cpajournal/2004/404/essentials/p49.htm
