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Financial professionals looking to learn more about life settlements are often challenged with finding comprehensive educational materials that offer significant insight into the secondary market.

To help professionals who wish to incorporate life settlements into their business practices, Life Settlement Solutions, Inc. is hosting the third annual Life Settlement Awareness Month™ in June 2008. Life Settlement Awareness Month is dedicated to providing life settlement education to industry professionals who are seeking to increase their knowledge about the evolving marketplace and gain access to important educational tools.

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Accumulating a sizable pool of life settlement policies in a timely fashion for securitization remains a growing challenge due to the limited supply of policies with short life expectancies, experts say.

This limited number means the period it takes to build a portfolio or the ramp-up period could be extremely long and costly for the investor, said Emmanuel Modu, managing director and global head of structured finance at A.M. Best Co.

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Effective May 12, 2008, Rumson Capital L.P., an independent life settlement company that offers unique services to those seeking to maximize their financial assets, announces the addition of Todd P. Shelbaugh. Mr. Shelbaugh, formerly Vice President of National Wealth Advisors’ in Naples Florida, will assume the role of Executive Vice President.

Mr. Shelbaugh brings with him a wealth of knowledge about the insurance industry, life settlements, and financial planning. He will provide Rumson with additional depth in satisfying the needs of high net worth individuals.

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Advanced Underwriting Solutions, Inc. (“AUS”) announced today that it has been named the preferred vendor of life expectancy medical underwriting for BlueCrest Life Settlements I Fund, a fund for which BlueCrest Capital Management L.P. acts as investment manager (“BCMLP”).

“We are excited about the relationship we have developed with BlueCrest. They are the quality of clientele to which we are most interested in providing our services,” said Traci Davis, AUS President. “AUS takes pride in the level of expertise conveyed in our LEs and we feel our assessments and customer focus meet the needs of discriminating funds that expect the very best.”

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CMS, Inc. announced that placement of its CMS I and CMS II premium financing programs hit record levels for the first quarter of 2008. President and founder of the CMS group of companies, Mr. Julian Movsesian, said, “We have been placing significant amounts of life insurance all year and April has continued the trend.” He attributed the increase to stable funding and creative insurance designs. “We are writing more life insurance and financing it than ever before.”

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Life insurance premium financing is a tool, offered from a premium finance company, that an individual with substantial assets uses to cover the upfront costs and premium payments on a life insurance policy. Individuals often choose this course if they require a large amount of life insurance and do not want to pay the out-of-pocket costs. Premium financing makes the most sense when an individual wishes not to liquidate high yielding assets to cover the costs of a life insurance plan.

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If you want to sell your life insurance, you may have to hurry.

Wealthy people and retirees who don’t feel they need life insurance anymore were historically able to sell their policies, usually for a premium. But that might change as a fight brews between a growing secondary market and the insurers.

The secondary market — known as life settlements — is coming under fire from the life insurance industry.

Life settlement companies buy policies that build up a cash value, such as universal life policies.

Sometimes they buy convertible term-life policies. Or, if the policyholder’s life expectancy is short, they may buy regular term-life policies.

The idea is to offer the policyholder more than they would get in cash surrender value (as in universal life policies) or some portion of the face value (in term life).

Life settlements have been around in various forms for centuries. But recently they’ve grown enough to raise the ire of life insurers.

Financing insurance premium today is a task which many companies have taken up as the number of person opting for premium financing is growing day by day. People have understood the benefits of going for premium financing. For this purpose many companies are set up who only looks after this matter of financing the premium of the insurances purchased by the common people as well as the companies. This has led the people as well as the companies to keep their asset for later use and also has helped them to buy more and more insurances to secure their future. But people need to choose the right plan for premium financing otherwise they might fall into trouble. There is a right way and there is a wrong way to finance for a life insurance. On the other hand there is also the best plan for premium financing which is offered. The plan has today achieved a good name by providing great plan and services. In today’s industry premium financing is a most talked about topic as well as the most debated.

Cambridge Financing Company or better known as CFC has made a place in the market of premium financing of life insurance. Their strategies of premium financing along with their strategic partners has been able to create a better premium financing program. In addition to the insurance policy they also provide additional collateral without the requirement of personal guarantee.The Cambridge program provides few opportunities to its customers. They arrange for loans with the required collateral. Interest rates and loan terms are extremely competitive from above 2 years. The policy can be financed by using the most favorable loan terms and very less additional collateral requirements. Significant amount of insurance policy can be obtained with a minimum initial cost and hence the policy holder does not have to take out much money from his pocket.

The Premium Financing Specialists are also known as the PFS. It was founded in the year 1977. At that time it had a single office in Kansas City, Missouri. PFS Today is a renowned name in this field. It is a twenty five year old company and in its twenty five year old career it has become the fourth largest premium finance company in the United States of America in premium dollars financed and on the other hand it is the number one in the number of accounts financed. In the recent years it has developed many branch offices to help the regional insurance industries. The company has about thirty five marketing representatives and 22/19 full service branch offices throughout the United States. Premium finance is usually for those people who buy insurances of great amount of money but in PFS we find that they encourage the financing of small premiums. They finance accounts as low as $2000 and under. The company is quite competent to understand and look after the individual needs of each broker as well as agents. The company is extremely competitive on large accounts due to its financial strength and support. The company is working quite good and has also got a four star on five. Many companies have a sizeable amount of money as their invoices which often lead to cash crunch and hence it is necessary for these companies to go for the premium finance specialists to ensure their monetary safety. It also helps them to save their money totally for the purpose of the company and do not require the money to give the premium of the insurances. The premium financial specialists are important for companies in all types of industries specially for ensuring smooth cash flow.

The service of these premium financing specialists might be a bit costly. It is surely costly when it is compared to other financing options. Selection specialist should be such that they do not harass people.

The term Premium Financing refers to the lending of money to an individual to cover the cost of insurance premiums. Premium financing services are occasionally provided by the insurance companies and brokerages but are often provided by third party finance companies. After this the premium finance company pays the premium of the insurance and sends the bill to the person or the company. The bill is usually in monthly installments. The loan contract lasts for the life of the insurance coverage. The clients who buy the insurances associate it with their estate planning and hence it is a known fact that they will have material assets. The owners of life insurance policies are trusts which cannot be reversed and other such similar entities. The persons who market life insurance or the clients negotiate financial agreements with the Premium Financing Companies. The facility of considering these lending institutions are that as these companies pay the premium, the assets of an individual or the company, which otherwise would have been used to pay the premium by liquidating those assets can be invested. The funds could also be saved and can be used to invest them elsewhere. The other advantage is that financing helps avoid making gifts to trusts. Financing should be done only for premium purpose; it is not suitable for paying the interests. The premium should be financed but the interests must be paid annually.

Premium financing has a lot of benefits and hence must be taken up to make insurance much easier. Many policies can be attached to a single premium finance contract. This allows for a single payment plan to cover all the insurance coverage.