Advanced Settlements Offers A New Funding Option

Advanced Settlements Offers A New Funding Option

ORLANDO, Fla., Nov. 3 /PRNewswire/ -- Advanced Settlements, a national leader in the life settlement marketplace now offers and a new funding option where you and your client can now participate in Life Settlements and ensure full personal and medical redaction. This new platform addresses potential transaction concerns and market challenges by providing one of the best life settlement solutions - creating opportunities for consumers, financial professionals and investors. The new life settlements platform is called Institutional Life Services (ILS) which is owned by National Financial Partners (NFP), Goldman Sachs and Genworth. "This new platform redacts personal information along the transaction chain to resolve potential concerns regarding insured's privacy," said Scott Kirby, Co-President of Advanced Settlements, Inc.

Among these advantages are the following:

-- Compels transaction participants at all levels to comply with, and in many cases exceed, regulatory requirements and best practices.

-- Presents qualifying policies to multiple, select high-quality investors to maximize competitive pricing potential.

-- Establishes uniform standards in origination, bidding and closure -- attracting high quality, reliable funding sources.

For more information, click on the link below: http://www.advancedsettlements.com/platform.htm

A life settlement is the sale of a life insurance policy to a third party for a cash payment less than the full amount of the death benefit -- but for more than the policy surrender value. Proceeds may be used any way the seller sees fit, although they are often used to buy a more cost effective life insurance policy or annuity, purchase long term care insurance, provide cash gifts to family members, etc. With the shift in learning patterns and the prevalence of technology, administrators and educators can now find online learning available virtually everywhere.

About Advanced Settlements

Founded in 2000 in Orlando, Florida, Advanced Settlements, Inc. is a national leader in the life settlement marketplace. Advanced Settlements, Inc. has transacted over $6 billion in life insurance policy face value. The company operates as a broker to obtain multiple offers from qualified investors and institutional funding sources in pursuit of the highest offer possible for each client's life insurance policy. Advanced Settlements offers educational marketing, errors and omissions coverage, marketing support and compliance assistance to agents and financial professionals. The company may be reached at 1-800-561-4148 or at http://www.advancedsettlements.com

About Institutional Life Services, LLC and Institutional Life

Administration, LLCILS and ILA were formed to create a competitive and compliant institutional marketplace for the settlement of life insurance policies. ILS brings together high quality institutional investors and seller representatives to transact life settlements that adhere to uniform high standards of practice. ILA services life settlement transactions post-closing, making this the only market solution available that permanently protects the insured's identity. The companies began accepting policies in the third quarter of 2008, pending regulatory approvals.

This ad is intended for insurance and financial professionals only, and not for use for the general public. This advertisement does not apply to variable life settlements. Variable life settlements are settled through our BD affiliate. Life Settlement amounts are based on numerous factors. Actual results will vary. According to our internal statistics, the average purchase price obtained by viators through Advanced Settlements, Inc. (from January 1, - August, 2008) is approximately twenty-one percent of the face amount of a qualified life insurance policy. Some or all of the proceeds of a life settlement may be taxable under federal or state income tax laws. Advice from a professional tax advisor is recommended. The number of bidders for a policy may be limited; proceeds from sales of similar policies may vary and may be subject to claims of creditors. Receipt of proceeds may impact eligibility for government benefits and entitlements. Prior to sale, the insured should consider the continued need for coverage, impact to estate plans, availability of insurance, cost of comparable coverage or tax implications. There may be high fees associated with the sale of a life settlement. Securities offered through securities licensed representatives of NFP Securities, Inc., a Broker/Dealer and Member FINRA/SIPC. Advanced Settlements is an affiliate of NFP Securities, Inc. and a subsidiary of National Financial Partners Corp., the parent company of NFP Securities, Inc. Advanced Settlements, Inc. (or its principals) is a licensed broker or producer in all states where life settlements are regulated, except Montana. Location and mailing address: Advanced Settlements, Inc., 2101 Park Center Drive, Suite 220, Orlando, FL 32835.

Website: http://www.advancedsettlements.com/
Website: http://www.advancedsettlements.com/platform.htm/




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