Join a Life Settlement Broker
Monday, October 12, 2009Life Settlement Brokers are entering into an industry that is exploding! The estimated number of policies settled in 2009 is expected to reach $30 Billion from $200 Million in 2001. The growth is expected to be up to $160 Billion by 2020. The market is growing due to the exact nature of the economy and growing fund of the secondary market for these policies.
You may be have no knowledge of a Life Settlement or a little but I will help you break into this industry. With a little research on your end you will find out that this is something worth checking into. Brokers make up to 5% commissions. So on a one million dollar policy that comes out to be $50,000.
Former real estate, mortgage, insurance and other financial service brokers are finding this business to be the next "transaction"business with the growth projected and the fact that at this point it is relatively unknown to the general public. This information is listed in the The New York Times had an article on the front page September 6 about how Wall Street wants to securitize these policies large pools in the thousands.
Contact a life settlement broker and give them your resume. You can be a successful broker in a lucrative but not yet overly competitive business. There is a training program offered to launch your business and provide a superior headstart.
You also want to make sure that you contact a
Life Settlement Funder .