Financial Planners Have Unprecendented Access To Life Settlements Through New Partnership

In a new partnership between Finance Logix and Amrita Financial, life settlement technology will be accessible by more than 10,000 financial planners across the USA. Finance Logix users will now have access to Amrita Financial’s life settlement analytical tools and life settlement transactional platform. The goal is to deliver a more robust set of information allowing advisors and their clients to make more well informed decisions regarding their life insurance policies and greater financial planning strategies.

One of the most important aspects of the strategic partnership are the analytical tools provided by Amrita Financial to Finance Logix users. The tools will be embedded into the Finance Logix interface and provide a familiar look and feel to financial planner users. The highlight of the analytical tools is the life settlement valuation component. Amrita Financial will provide a deterministic valuation for each of the life insurance policies, giving financial planners an idea of a policy’s value on the secondary life insurance market. This life settlement estimate allows financial planners to better understand their clients’ true financial position and compare a potential life settlement vs. the cash surrender value of a policy. Traditionally a life settlement can fetch 200%-500% more than a policy’s cash surrender value.

Only after learning the value of a life insurance policy on the secondary market can planners and their clients decide the best strategy for an unwanted or unneeded life insurance policy. Understanding that a life insurance policy has value beyond the cash surrender value offered by an insurance carrier allows financial planners and their client to make the best decision.

Once a planner and their client do decide to pursue a life settlement, their Finance Logix software is ready to further serve them. The Finance Logix software is tied into the Amrita Financial life settlement transactional platform which will allow the seller to receive bids from financial institutions. The transparency of the Amrita Financial system is vastly improved over the traditional bricks and mortar life settlement brokers. Financial planners and policy sellers have access to all of the critical information from the start of the life settlement process to the finish. Planners and clients can see all of the insurance and medical record documentation that has been collected, the number of financial institutions actively bidding and all offers in real time.

The life settlement paradigm could be altered forever with the partnership between Finance Logix and Amrita Financial. It will add a much needed alternative to traditional bricks and mortar life settlement brokers by increasing transparency and transactional efficiency.

In summary, look for Amrita Financial to become a fixture in the financial planning community as a result of this strategic partnership with Finance Logix.

Looking to find the best deal on life settlements, then visit www.amritafinancial.com to find advice from the best life settlement brokers.

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