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
The Home page is a jump-off point to all application features and services.
LIFE POLICY GRID
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.
The opportunities are limitless!
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)
MARKET VALUE COLUMN
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To view Market Value opportunities, make sure the Market Value column is turned on in your view
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
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
SAVING YOUR LIST
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
SAVED LISTS
Your Market Value Opportunity list will be saved in your Lists folder, accessible from the left navigation menu
