Settlement SYNC Offers Discounted Commissions of 2%** On All Life Settlement Deals Before Jan. 31st.

Dec. 22, 2008 - PRLog -- Settlement SYNC, a New York Life Settlement Broker, announces a special offer on all Life Settlement transactions prior to Jan. 31st, 2009. The prospects must be 72 or older and the policies must have a face value of at least $50,000.00 to qualify. All applications that are submitted prior to Jan. 31st 2009 will be automatically eligible for this rate. The 2% rate will be a commission based on the gross settlement value of the transaction. For example if the transaction renders a $58,000 settlement, the fee paid to Settlement SYNC will only be $1160. The minimum commission paid to Settlement SYNC for any transaction will be $1,000 (even if the 2% is less).

For most Life Agents, Life settlements can offer you another tool to help your clients properly manage their wealth. Once you determine that a life policy no longer fits your client’s current or future needs, you can offer a valuable service by facilitating a conversion of that life policy into cash. By cash we mean a considerable amount over the current cash surrender value (CSV). With the cash they earn from a life settlement, clients may reinvest in such products as fixed or variable annuities, long term care insurance, stocks, bonds, or mutual funds. Other investment tactics may used to secure assets depending on the current market condition. Should the insured see fit, clients may also purchase a new life insurance policy with better or more affordable terms that may be better in the long run. Clients tend to prefer this approach when the premiums become reduced.

Currently all types of life insurance will be considered. The following categories, however, will take priority.  A second to die policy where one of the insureds is already deceased. A key-man corporate life insurance policy from a company who make be looking to create assets and distribute cash. A term policy that is convertible into a universal life policy for any insureds over the age of 72.

All Life Agents, Asset Managers, Portfolio Managers, Insurance Agents, and Turnaround Specialists are encouraged to contact Settlement SYNC by either requesting an application via email and faxing it to the corporate offices or by contacting Matt Schilling or Shaun M. Frank via phone or fax to discuss any possible cases. Settlement SYNC can also be found on the web (http://www.settlementsync.com) Life Settlement transactions can not only be beneficial to a clients, but they can be beneficial to an agents firm as well.

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Settlement SYNC is a Life Settlement Broker focusing exclusively on monetizing Life Insurance policies in situations where the policy has become unwanted or unneeded.