You don't need to be a Life Settlement expert, you need tools that help.
With LS Hub our centralized requirement process means you have one point of contact & only fill out one application.
You decide to sell a life insurance policy and apply with three companies. Two are Providers (direct buyers) and one is a Broker. You fill out three applications, follow-up with all three companies, and need to get on 3-way calls with the carrier with all three. The carrier sends you a document and you need to send it to three different companies.
Why LS Hub
Reason #2 - No Pressure
LS Hub informs every Buyer of every offer automatically. Your will be made aware of every offer and offer deadlines (if applicable). You will never be pressured to accept an offer, you will be advised by the experienced LS Hub team on how to maximize the offer without un-helpful pressure.
You apply with three different companies, go through the process juggling all three companies, and finally you get an offer. The company presents urgency and pressures you to take the offer quickly without giving any of the other companies a chance to compete. Until you accept the offer, the pressure is on.
With LS Hub your case was seen directly by a Buyer who makes a $100,000 offer to you and only the (much lower) LS Hub transaction fee is taken out, leaving you with $94,000.
You apply to sell your life insurance policy and get the same offer from a Broker who keeps $25,000 as commission, leaving you with $75,000.
Why LS Hub
Reason #4 - Faster Process
The LS Hub back-office uses the best technology and is built to handle an unlimited number of applications.
Doctors offices and insurance companies only receive one request, and therefor can process faster.
When LS Hub receives requirements they are immediately available to any participating Buyers you have selected.
When a doctor or insurance company receive multiple requests for the same information, it can make the process take longer. Some companies are not as efficient at ordering requirements and following up. You may end up having two companies who have declined, one has made and offer, and one is still "working on it". In reality the last company was slow at making requests and will hold up the process while they catch up. Premiums are paid until the sale closes, so the faster you get the best offer, the less premium comes out of your pocket.
LS Hub is a tool to select multiple buyers, monitor exactly where your case is in process, and be the one seeing everything that is going on in real time.
When you submit an application to sell your policy with other companies, the only way to get an update is with a call, text or email.
You end up having to rely on trust instead of transparency.
Why LS Hub
Reason #6 - Secure Your Data
With your personal information being used to review & price your life insurance policy, protecting that data is important.
LS Hub is committed to the security of your information through every step of the process.
Get The eBook
1) Eligibility Standards To Sell A Policy
2) Age Considerations To Sell A Policy
3) Policy Considerations To Sell A Policy
4) Health Considerations To Sell A Policy
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