Connecticut FPA 22nd Conference Illustrates Need for Education about Life Settlement Process
Released on = May 16, 2006, 9:48 am
Press Release Author = Jeanette LaVigne
Industry = Financial
Press Release Summary = Trinity Financial Services, LLC recently attended the Connecticut Financial Planning Association (FPA) Conference and realized that there is still a significant need to educate Life Insurance Agents and Financial Planning Professionals regarding all aspects of Life Settlements. Unfortunately, a lack of understanding about the Life Settlement process prevents many Insurance and Financial Professionals from utilizing this valuable financial option for their senior clients.
Press Release Body = Altamonte Springs, FL, May 15, 2006 - Trinity Financial Services, LLC, a full service Life Settlement Brokerage firm attended 2006 FPA Connecticut State Conference at the Aqua Turf Club in Plantsville, Connecticut on April 26th. Representing Trinity Financial were Senior Account Managers, Craig Karem and Jeff Kaufman.
Although initially there to promote their Company, it became evident that although there was a general knowledge of Life Settlements, there was an overall lack of thorough understanding. After speaking with numerous Agents and Advisors, Mr. Kaufman stated, ".many clients are missing out on this option, simply because their Agent doesn't recognize all of possible opportunities when a Life Settlement can be explored." He continued,"All day we kept hearing,'.I just had a case like that and didn't know that a Life settlement would work.'"
Mr. Karem acknowledged,".although Life Settlements are gaining in popularity and acceptance, it is quite apparent that even some of the most basic intricacies are unknown." He continued to explain that although some of the attendees he spoke with knew about Life Settlements, few knew that a term policy could be liquidated on the secondary market.
Both Senior Account Managers concurred that although there are more and more inquiries from agents trying to gather information on Life Settlements, there is rarely an opportunity to educate those agents on some of the less commonly known details. They agree that the liquidation of a term life insurance policy is probably the most misconstrued knowledge about a Life Settlement.
About Trinity Financial Services, LLC
Trinity Financial Services has been assisting Financial Advisors, Insurance Professionals and their Senior Clients to sell existing Life Insurance Policies. They have also been instrumental in the education, growth and development of the Life Settlement Industry. For additional information on Trinity Financial Services, LLC or on Life Settlements visit www.trinityfinancialllc.com or call 866-870-8746.
Web Site = http://www.trinityfinancialllc.com
Contact Details = 940 Centre Circle Suite 3022 Altamonte Springs, FL 32714
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