
Advanced Settlements, Inc. Announces Its Web Site Redesign
ORLANDO, Fla., March 14, 2012 /PRNewswire/ -- Advanced Settlements, Inc., which recently entered its 12th year in the life settlement industry, announced the launch of its newly-redesigned web site.
"The new site features a fresh, innovative appearance and improved functionality," said Scott Kirby, Advanced Settlements' co-president. "Our desire is that the site will make it even easier for various audiences to learn about the life settlement industry and conduct business with us."
In 2011 Advanced Settlements negotiated settlements of approximately $60 million more than the cash surrender value of its clients' life insurance policies. "Due to our volume, Advanced Settlements commands tremendous leverage with our network of highly-capitalized funding institutions," said Kirby. "That allows us to provide qualified clients with multiple settlement offers. In fact, we've settled more than $8 billion in policy face value since our company began in 2000."
A life settlement is the sale of a life insurance policy to a third party for less than the full amount of the death benefit - but more than the policy surrender value. The primary life settlement candidate is at least 70 years old, has a life expectancy of less than 12 years and has owned a life insurance policy with a face value of at least $200,000 for at least two years.
Advanced Settlements is proud of its history and looking forward to the future. "We feel our longevity and market presence are a testament to our commitment to customer service, compliance and deep relationships with our agents and funding sources, ultimately resulting in the best possible offers for our clients," said Kirby. "With our improved web site, I expect us to achieve even greater success."
About Advanced Settlements
Founded in 2000 in Orlando, Florida, Advanced Settlements, Inc. is a life settlement industry leader and pioneer. Advanced Settlements, Inc. provides seniors with a powerful estate planning tool and a profitable exit strategy from unwanted or unnecessary life insurance policies. Through a network of funding institutions, the company obtains multiple offers on the secondary market in pursuit of the highest possible settlement for the policyholder, and has transacted more than $8 billion in life insurance policy face value. The company may be reached at advancedsettlements.com.
SOURCE Advanced Settlements, Inc.
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