IFS Online: Insurance & Financial Services News

Tuesday, April 01, 2008

360training.com and Welcome Funds Inc. Partner to Provide Comprehensive Education on Life Settlement Secondary Markets

April 1, 2008 – Austin, Texas -- 360training.com today announced its partnership with Welcome Funds Inc. Recognizing the rapidly growing need for education and training in the Life Settlements segment of the insurance business, the two companies have ventured to create a new online training program entitled “Overview of Life Settlements: Current Events and Updates” which will be launched as an approved continuing education course across the nation.

By partnering with Welcome Funds and utilizing its knowledge, experience and expertise, 360training has a content provider that will educate life agents, registered representatives, broker-dealers, wealth managers, estate planning attorneys and other financial professionals throughout the life insurance and financial services community.

Life Settlements, also known as Senior Settlements, Lifetime Settlements, or High Net Worth Transactions, Life Settlements have become a very important factor in the estate planning process for seniors. Life Settlements allow qualified policy owners to liquidate a policy for an amount much higher than the cash surrender value. Then, these seniors can take advantage of important financial opportunities using the proceeds of an unwanted, unaffordable or obsolete life insurance policy.

Welcome Funds Inc. is one of the nation’s leading life insurance settlement brokerages representing the interests of consumers helping them to optimize the value of their policies in the secondary market. Through extensive research, careful regulatory monitoring and maintenance of a fully-staffed compliance department, including in-house counsel, the firm ensures a best execution strategy for life settlements and adherence to all federal, state and local laws, regulations and legal requirements.

The course will be made available 360training.com’s insurance education portal http://www.learninsurance.com/ and http://www.welcomefunds.com/.

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