Two pieces of news provide a flicker of hope amid the doom and gloom.
ORLANDO, FL- Marketwired - Jun 25, 2014 - Acting to expand its membership, the Life Insurance Settlement Association (LISA) is welcoming producers and advisors under a new membership category designed to help them expand access to resources in the life settlement market and benefit from the influence, activities and services LISA and its members represent.
Millions of Baby Boomers hold hundreds of billions of dollars of life insurance that could become life settlements. After years of premium payments, many seniors often experience unexpected changes that alter their priorities regarding life insurance. "When these changes occur, advisors should understand the options available for clients' life insurance policies that are no longer needed, wanted or affordable, including a life settlement," stated Darwin Bayston, LISA President and CEO. The expanded membership category offers education tools and resources to advisors in a broad array of areas to include professional networking, legal compliance, legislation and regulation, industry news, and more.
The life settlement industry is experiencing growing interest within the financial advising sector, among policy makers and the press. Addressing these needs, this category also assures consumers that they are working with an advisor who is dedicated to professional and personal development, endorses best practices and is dedicated to the highest level of ethics and professional conduct.
To continue to create greater awareness and education about life settlements to consumers' advisors, the Association is hosting for the first time an exclusive advisor track at its 20th Fall Conference at the Omni Scottsdale Resort & Spa at Montelucia on October 7th, 2014. Attendees will be eligible for up to 6 CFP Continuing Education credits.
The advisor track includes the following valuable education sessions:
•Life Settlements: Your Client's Unknown Asset
•Life Settlements and Retirement Planning
•How Do Life Settlements Compare with Reverse Mortgages and Other Products?
•The Role of the Life Settlement Broker - And How They Can Help
•Performing Due Diligence on Policies and How They are Valued
•Advisor Liability and Fiduciary Duty
Advisors interested in attending for the first time will be eligible for a significant discount upon mention of this press release. For a complete agenda, please visit our event website here.
To learn more about the new membership and to apply for membership, click here.
Established in 1994, the Life Insurance Settlement Association is the oldest and largest trade organization in the industry. LISA has played a key role in developing legislation and regulations which serve as the foundation for an open and competitive market for the transaction of life settlements. LISA's mission is to promote the development, integrity and credibility of the life settlement market, where consumer life insurance policyholders can choose to sell policies that are no longer needed, wanted or whose premiums are no longer affordable. For more about the association, visit http://www.lisa.org.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements. CFP SPONSOR: Life Insurance Settlement Center for Education CFP SPONSOR ID NUMBER: 1982