EAGiL Life Settlements Approved In Three More States
Woodcliff Lake, NJ – June 4, 2009 — Guy Runyon, President and CEO of EAGiL Life Settlements, LLC , a Life Settlement Provider, today announced the company has formally been approved and licensed to buy policies in the regulated states of Maine, West Virginia, and Tennessee. EAGiL Life Settlements now transacts business in thirty-nine states. “EAGiL remains committed to its mission of providing seniors and their families with compelling options” said Runyon. EAGiL Financial Group, LLC specializes in estate planning for high net worth individuals and is licensed in all fifty states to seamlessly place high net worth individuals in programs driven by life insurance
“The EAGiL Brand” (EAGiL Life Settlements, LLC. and EAGiL Financial Group, LLC) is an established platform which enables both the “Financial Professional” and/or the client to have enormous opportunities which can be accomplished through a life settlement, a reduction in premium payments/refinance, and/or many other unique proprietary techniques.
Runyon, widely acclaimed as an innovator and authority of life insurance products explained, “sometimes the economics of a settlement are not attractive in the secondary market, however, our experienced analysts present many strategies which inure to the estate’s benefit.”
A life settlement is a financial transaction in which an owner possessing an unwanted or unneeded life insurance policy sells the policy to a third party for more than the cash value offered by the life insurance company. Runyon added, “We are glad to see the trend of unregulated states moving toward regulation, thus enhancing efforts to augment industry transparency measures.”
As an essential “Market Maker” of life insurance contracts, EAGiL takes great pride in being unique. Runyon concluded, “We continue to see the viability of the life settlement transaction emerging as a practical solution in many estate planning scenarios on Main Street, and on Wall Street. In a given circumstance, if a life settlement is not practical, we do not close the door; we exhaust all our efforts and often create a blueprint for the senior’s exit strategy which still accomplishes their ultimate goal.”
EAGiL Financial Group, LLC is a national corporate and personal financial planning firm, specializing in estate planning for high net worth individuals, and conducts business in all 50 states.
EAGiL Life Settlements, LLC is a life settlement provider which purchases life insurance policies in the secondary market and currently transacts business in 39 states.
For further information, please contact Randy Fishel, Director of Operations (201) 497-1827, or RandyF@Eagil.com
Contacts: Randy Fishel
Phone: (201) 497-1827