You can sell future insurance settlements at Fair Funds, I have done it a few times and the service is great.
Marty, If you get an answer, would you please let me know? I would like to sell my settlement, but can't find anyone yet.
Anyone can sell structured insurance settlements but it needs to be overseen by an insurance broker or lawyer. It's usually overseen by your personal insurance broker or the one who handled the settlement.
Viatical settlements, or life settlements, are done when people have a terminal illness. In such a case, the person will sell their life insurance policy to obtain ready to use cash.
Structured insurance settlements can be sold to another person as long as they sign a contract thereby giving the settlement to them. This can be a tricky process, however.
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Anywhere! That's the great thing. Nearly all insurance companies sell this type of insurance. Start first with your current insurance company as they may offer discounts for multiple cars.
Yes, you have to have a license anywhere in Oregon to sell insurance. Most states in the United States require schooling and licensing to sell any kind of insurance. In order to be an insurance agent in Oregon you must have a license. You need to pass a test to get it. You can get all the info on your insurer's license or becoming an agent here http://insurance.oregon.gov/.
Companies like Amirata Financial, Life Insurance Settlements, Welcome Funds, and Trinity Financial Services, LLC are great ways to start a search for a brokerage that deal with life insurance settlements.
Viatical settlements allow people without life insurance beneficiaries (gay men, people without families or spouses, orphans) to sell their life insurance policy for cash value while they are still alive. These are not used very popularly but grew in frequency of request after the AIDS epidemic in the sixties.
Encompass Insurance does sell home insurance policies. They sell property insurance as well as insurance for dwellings. You can separate them or buy them together.
You are required to get a liscense to sell insurance. Each state licenses it's residents who want to sell insurance.
Purchasers of structured settlements can be found online, and compared in such places. Structured settlements are financial or insurance arrangements.
That is up to the discression of the insurance company.