Author Archives: Norman A. Hood

About Norman A. Hood

Norman A. Hood and Alice, his wife of 35 years, are both lifelong residents of a small farming community in West Central Illinois. They have two children and consider that to be one of their greatest achievements in life. Norman began his career as a life insurance agent in 1974 and still provides life insurance along with other financial products and services to affluent clients throughout the US. Mr. Hood also serves as CEO of policysettlement.com, a company he founded in 2003. Policysettlement.com is best known for introducing the groundbreaking LIVEpdq tool to the life settlement industry in 2004. Now in it's 5th revision, the Fast, Easy & Free LIVEpdq tool continues to set the standard for all life settlement valuation estimating tools.

The Advisory Firm Financial Planning Article – One Question Short Of A Royal Flush?

In honor of financial planning week, The Advisory Firm financial planning article in the AJC blog asked four questions designed to “flush out” some of the most common myths of financial planning. I’d like to suggest a fifth…   Q- … Continue reading: The Advisory Firm Financial Planning Article – One Question Short Of A Royal Flush?

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Atlanta Journal Financial Planning – How About The Overlooked Asset?

Yesterday’s Atlanta Journal financial planning article did a great job of explaining the basics of financial planning by answering the some of most common questions like: Who needs it? What does it cover?  Is there really a benefit? Can I … Continue reading: Atlanta Journal Financial Planning – How About The Overlooked Asset?

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Vaitical Association – First Step Before Selling YOUR Policy!

A viatical association is typically structured as a non-profit organization. It often represents members of the viatical life settlement industry, businesses associated with the viatical settlement industry, consumers, or some combination of the three. One of the primary functions of … Continue reading: Vaitical Association – First Step Before Selling YOUR Policy!

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Life Settlement Industry Money Machine

Are you aware the life settlement industry has a recycling program for  unaffordable or unneeded life insurance policies? In today’s economy many seniors have cash value life insurance policies they can no longer afford or no longer need. Their normal … Continue reading: Life Settlement Industry Money Machine

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Senior Settlement Lemonade

Looking into a senior settlement can be a great idea if your life insurance policy is a lemon, or if your insurance company is simply squeezing you for more than it’s worth. Sometimes seniors decide their life policy is a … Continue reading: Senior Settlement Lemonade

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Life Settlement Market Recovery Prospects – Part 1 of 5

According to recently published life settlement research from Alte Group, the life settlement market is expected to see a recovery during the next three years with expected life settlement volume reaching $13 billion annually. This is in contrast with pessimists … Continue reading: Life Settlement Market Recovery Prospects – Part 1 of 5

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Life Settlement Market Recovery Prospects – Part 2 of 5

From our view the life settlement market is beginning to show signs of improvement as new life settlement investors come into the market along with the return of some who withdrew. This is helping reverse the downward pressure on life … Continue reading: Life Settlement Market Recovery Prospects – Part 2 of 5

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Life Settlement Market Recovery Prospects – Part 3 of 5

As promised, today we’ll explain how a life settlement secularization works so you can better understand it’s potential positive impact on the life settlement market.  First it’s important to explain how life settlements are originated in the life settlement market. … Continue reading: Life Settlement Market Recovery Prospects – Part 3 of 5

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Life Settlement Market Recovery Prospects – Part 4 of 5

Let’s look further into how the life settlement market could benefit from life settlement securitizations by examining a couple of the obstacles that stand in their way. Obstacle #1 – High life settlement market transaction costs. In the past, the … Continue reading: Life Settlement Market Recovery Prospects – Part 4 of 5

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Life Settlement Market Recovery Prospects – Part 5 of 5

In this final post of the series, we’ll focus on how various parties are involved in a life settlement securitization and how their roles could impact this important potential source of capital for the life settlement market. Most already play … Continue reading: Life Settlement Market Recovery Prospects – Part 5 of 5

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