In life settlement news, today was announced the fifth annual Life Settlement Awareness Month in June 2010. The event is designed to bring the industry’s most up to date information to investors and financial professionals. This is essential because there is so much life settlement news being created due to growth and reform.
The key factor being addressed at the event will be life settlement education. Education is key to a successful settlement practice. The Life Insurance Settlement Association cites lack of education as the number one deterrent for entering the life settlement industry.
Also in life settlement news, a survey from 2010 showed although 73 percent stated they would discuss settlements with clients, only 32 percent have actually completed a settlement transaction. The reason stated is that many lack the knowledge and marketing resources. Another reason education is to be the hot topic at the Life Settlement Awareness Month event this June.
For more information on life settlement news, life settlement awareness month, and how to find an agent that DOES have the experience and knowledge needed to make a life settlement a success, click the Live PDQ link today!