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Future First Financial Shifts Focus to Senior Settlements.
Business Editors
PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--May 1, 2000
Future First Financial Group is shifting its marketing efforts from viaticals to senior settlements and has developed distribution channels specifically designed to reach this new target market.
Future First Financial Group was one of the first provider companies licensed to fund policies in the viatical industry in 1995. Now, the company is postured to capture a hybrid product in the viatical industry called "senior settlements."
Randy Stelk, president of Future First indicates the viatical industry has changed the liquidity of the life insurance contract, a change that has not gone unnoticed by elderly, financially efficient policy holders.
Since 1997, many elderly people with a high net worth have embraced senior settlements as a financial planning tool, while others simply welcomed the opportunity to get some of the cash tied up in insurance coverage they no longer wanted to continue. Older policyholders who are eligible to sell their policies often choose to do so ...
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- Magazine article from: Contractor Blackman, Irving L. February 1, 2006 700+ words
...securities filings." Ask your professional adviser to check out senior settlements for your own personal investments and qualified plan funds. The company offering the senior settlements/ TIPs discussed in this column is a public company, trading...
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...securities filings." Ask your professional advisor to check out senior settlements for your own personal Investments and qualified plan funds. The company offering the senior settlements/TIPs discussed in this article is a public company, trading...
- Rumson Capital, Inc. Offers Complimentary E & O Coverage to Approved Brokers...
- Press release article from: PR Newswire March 16, 2004 700+ words
...PRNewswire/ -- Rumson Capital, Inc., a nationally recognized industry leader in life settlements (also known as senior settlements or lifetime settlements) has announced that the company is now offering complimentary E & O Insurance coverage...
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- Press release article from: Business Wire January 29, 2008 700+ words
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...licensed provider of viatical and senior settlements. Since its incorporation...statements are not guarantees of future performance and involve risks...including statements regarding future financial performance, the...result of new information, future events or otherwise, except...
Source: HighBeam Research, Future First Financial Shifts Focus to Senior Settlements.