Crump Life Insurance Services is Now a Nationally-Licensed Life Settlement Broker - Insurance News | InsuranceNewsNet

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May 2, 2011
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Crump Life Insurance Services is Now a Nationally-Licensed Life Settlement Broker

Eligible to Broker Life Settlements in All States Through Crump Secondary Markets Solution Center

ROSELAND, N.J.--(BUSINESS WIRE)-- Crump Life Insurance Services, Inc. announced that, with the recent addition of Alaska, it is now eligible to broker life settlements in all 50 states.

“With the build-out of our national life settlements platform complete, Crump enhances its position as a one-stop shop for producers to meet all of their clients’ life insurance and related product needs, via an integrated offering, combining industry leading technology with world class service levels,” stated Brian Winikoff, President, Crump Life Insurance Services. “Crump Life Insurance Services is unique in its ability to conduct settlement business in every state in the country. In addition to this national scale, Crump offers producers, clients and institutional buyers the comfort of working with a compliance-oriented insurance industry leader. We continue to strive to remain at the forefront of the industry in all aspects – service, coverage, and much more.”

Crump’s Secondary Markets Solution Center is one of the largest life settlement brokers in the industry – combining the vast resources of Crump with a boutique life settlement operation that offers unbiased, consultative support for transactions.

“Our life settlement specialists analyze the marketability of each policy and give producers and their clients the information needed to make informed decisions when considering changes in their coverage,” commented Cynthia Poveda, Vice President of Crump’s Secondary Markets Solution Center. “We are well-positioned to help independent producers, national accounts and broker dealers with customers across the nation. Because settlements are frequently used in estate planning situations, we can collaborate with our advanced sales area to help with holistic solutions for clients. We empower producers to present multiple options to their clients to maximize financial security.”

About Crump Life Insurance Services

Crump Life Insurance Services is part of Crump Group, Inc., the largest wholesale insurance distributor in the United States and, through its Ascensus division, the nation’s largest independent provider of recordkeeping and support services to company-sponsored retirement plans in the micro to large segments of the market. Crump Life is a prominent independent wholesale distributor of life insurance, linking a national network of approximately 200,000 financial services professionals with the products manufactured by approximately 100 highly rated insurance companies.

Crump supports the distribution of traditional and variable life, long-term care, disability, annuity products and life settlements with the industry's premier sales and back-office support services.

Crump’s technology-driven insurance distribution solutions are among the insurance brokerage industry’s most advanced, including Internet-based capabilities and a leading edge administration system to support all aspects of processing with multiple insurance companies. Crump Life Insurance Services includes the following brands: Crump Life Institutional Group, Crump Potomac Affluent Markets , RiskRighterSM , Tellus Brokerage Connections and TIME Financial.

Learn more about what Crump Life Insurance Services has to offer by visiting the Crump Life Insurance Serviceswebsite.

Crump Life Insurance ServicesSherri LindenbergSenior Vice President, Marketing Communications
[email protected]
973-461-2153
www.CrumpLifeInsurance.com

Source: Crump Life Insurance Services

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