Life Insurance Settlements-Capitalizing On Your Policies

Written by Jon Thomas

Continued from page 1
•A settlement firm, representing third-party investors, or better yet, an institutional funder, will provide a cash payment torepparttar policyholder that exceedsrepparttar 146518 cash surrender value embedded inrepparttar 146519 policy. From that point on,repparttar 146520 original policyholder will have no further involvement or association withrepparttar 146521 policy. •The life settlement firm will continue to make premium payments onrepparttar 146522 policy torepparttar 146523 life insurer, until a death benefit is claimed. •The death benefit will be collected byrepparttar 146524 settlement company and passed on to third party investors, who are likely interested in returns that are not highly correlated with their other assets. (Source: Corporate reports and Bernstein Estimates)

A life insurance settlement, to summarize, is basicallyrepparttar 146525 sale of a life insurance policy at a price, higher thanrepparttar 146526 cash surrender value. Many seniors are realizingrepparttar 146527 extraordinary benefits of unlockingrepparttar 146528 dormant asset value of life insurance, allowing them to better plan for their future through what is essentially newly-found money. Life insurance settlements are increasingly offering seniors viable options for their life insurance policies, and, as we are now seeing, more financial options can be rewarding indeed.

Life Insurance Settlement Experts

Jon Thomas has been involved in finance and insurance, specializing in emerging growth markets since 1979. He continues to write articles concerning the public and their pressing financial concerns. Life insurance settlements

What is a Small Claims Court?

Written by John Mussi

Continued from page 1

Cases are dealt with differently inrepparttar Small Claims Court. It is supposed to be much simpler so that anyone can deal with their own case from start to finish without using a solicitor.

Ask your local County Court for a document known as a "Claims Form", you will need to complete this with details of what you are claiming and against whom.

You may also have to pay a court fee. This will depend upon how much you are claiming. You can claim this fee back from your opponent, if you win your case. (This is known as Fixed Costs).

If you startrepparttar 146517 claim you will be calledrepparttar 146518 "Claimant" and your opponent will be calledrepparttar 146519 "Defendant".

The procedure starts withrepparttar 146520 claimant filling out a standard form, which sets out details aboutrepparttar 146521 claim andrepparttar 146522 various parties. This is returned torepparttar 146523 Court office withrepparttar 146524 appropriate fee.

A summons is then sent out torepparttar 146525 Defendant who may choose to pay up in full. However, they also haverepparttar 146526 option to admit part ofrepparttar 146527 claim and pay that part or request to pay by instalments, or may also disputerepparttar 146528 claim in its entirety.

Cases are usually heard by a District Judge. However, ifrepparttar 146529 case is complex it can be referred to a higher judge known as a Circuit Judge.

If any part ofrepparttar 146530 claim is disputed,repparttar 146531 matter goes to a Court hearing whererepparttar 146532 evidence is heard in informal surroundings, usually aroundrepparttar 146533 table inrepparttar 146534 judge's chambers.

Judges tend to be very patient with lay claimants, who will be nervous and unaccustomed to court procedures. However, interruptions, verbal abuse and unreasonable behaviour will be frowned upon.

You may freely reprint this article providedrepparttar 146535 author's biography remains intact:

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the website.

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