Life Settlements
Evaluating all potential opportunities to provide the best service to your clients includes considering a Life Settlement.
NIC makes it easy to identify prospective clients and policies where a life settlement may be appropriate.
HOW TO FIND POTENTIAL LIFE SETTLEMENT OPPORTUNITIES?
NIC AGENT APP HOME PAGE
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The Home page is a jump-off point to all application features and services.
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LIFE POLICY GRID​
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The Life Policy Grid provides access to your in force book and the ability to slice and dice your data based on what you are looking for.​
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The opportunities are limitless!
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FINDING POLICIES WITH A MARKET VALUE (Life Settlement Opportunities)
LIFE POLICY GRID​
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From the left navigation menu, click on Life Policies
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Life Settlement opportunities are referred to as Market Values. The Market Value column is on the far right (use the scroll bar at the bottom of the page)
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MARKET VALUE COLUMN
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To view Market Value opportunities, make sure the Market Value column is turned on in your view
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TURNING ON THE MARKET VALUE COLUMN
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Click on the Settings icon, and scroll down until you find Market Value
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Click on the check box beside the Market Value label​
MARKET VALUE
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Click on the Market Value header to sort by the Market Value
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Clicking on column sorts the values in ascending order, and clicking on the column twice will sort the values in the descending order
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MARKET VALUE OPPORTUNITY DETAILS
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To see the Market Value details click on the Policy Owner's name. This will take you to the Policy Owner's profile
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The Policy Owner Profile lists all policies owned by the selected Policy Owner.​
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To see the Market Value, click on the View Details button and scroll to the bottom of the page.
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There are 6 Market Value figures, based on the health of the Insured
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To learn more about the Market Value for a specific policy, click on Contact Me About this Opportunity and a Life Settlement Specialist will contact you within 24 hours
CREATING LISTS OF MARKET VALUE OPPORTUNITIES
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To save your Market Value opportunities, select the policies that you want to save by checking the box beside the policy # column
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Or you can select all of the policies on the screen, or all of the policies in the pre-defined list by checking on the box at the top of the table, beside the first column
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When the blue box appears, click on Select all xxx records
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Click on Add to list link
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SAVING YOUR LIST
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Clicking on Add to list will present you with a few options:
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You can save the list as a new list Create a New List
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You can Add to an Existing List and then select an existing list to add the records to
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Replace an Existing List to replace a currently existing list with a new one containing new records
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SAVED LISTS​
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Your Market Value Opportunity list will be saved in your Lists folder, accessible from the left navigation menu
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