“To everything there is a time
and a season and this is the time and that season”, was how RW Ward,
founder and CEO of The Final Arrangements Network described that
organization’s most recent association with The Edward Ferrante Agency
of New York.
The Ferrante Agency, a licensed insurance
representative company, specializing in Life Settlements for seniors, has
teamed with The Final Arrangements Network, demonstrating The Final
Arrangements Network’s continuing acquisition of services that
comprehensively and fairly address the needs of its primary clientele, the
mature adult market.
“We spent months learning about
this fabulous service and negotiating a relationship with them which will
fill an important need for a number of our clients. We wanted the very
best of what life settlements could offer our clients in both personal
service and return. The Ferrante Agency was just that kind of fit for
us.” Ward stated in describing the 9-month search of the United States
for a life settlement brokerage firm that would offer The Final
Arrangements Network’s large senior constituency of clients and visitors
the kind of personal, hands-on care that marks this Internet consumer
information web-based company’s approach to its services.
The Edward Ferrante Agency, based
in Hartsdale, NY, offers a full line of business and private insurance
needs and specializes in the vastly expanding life settlements area of the
life insurance industry. Life settlement has grown steadily since it first
came on the scene in 1997 as a useful product of the insurance industry.
It is expected to grow from its current $4 billion in annual transactions
to well over $40 billion in the next decade, according to industry
experts.
“The wonderful thing about life
settlements is that it gives our clients more options in managing their
finances at a time when they perhaps thought they were out of options.”
Said Ward. “The Ferrante Agency is exactly the company we wanted to
assist our clients in maximizing what they have spent their entire lives
establishing, their financial security.”
According to Final Arrangements
the reason the Ferrante Agency was picked is because of how it goes about
representing the client when a life settlement is being consider. TFA
deals with the top six corporate investment companies in the US who make
offers for individual, corporate and institutional life insurance
policies. Additionally, the agency can deal with a myriad of different
types of financial instruments including; whole life, universal, term,
modified whole life, key man, etc.
“We wanted The Ferrante Agency
because we wanted to make sure that when our clients decided to entertain
a life settlement to assure the funds they wanted to enjoy the remainder
of their lives, that they were given a maximum of offers to choose from.
Ferrante does that and does it with care for each and every client they
have.” Stated Ward. “ We are assured that when our clients get the
offers, they are from solid large institutional investors who can back up
their offers. We also know when the Ferrante Agency puts one of our
client’s policies out there, that client will get the best bids in the
entire industry to choose from. That is what we wanted for our clients and
that is what TFA delivers.” Ward added.
|
As baby boomers begin crossing
that line from middle age to senior status they are looking for more ways
to enjoy their retirement and insure their financial security. Life
settlements will basically take un-wanted, un-needed or under-performing
life insurance to the marketplace for individuals or organizations that
want to sell, to investors who are willing to make them offers they could
never realize by simply cashing in the policies.
Edward Ferrante, principal owner
of the Ferrante Agency gave some insight as to why his company was
associating with The Final Arrangements Network, “Their website is a
virtual Library of Congress and consumer advocate for the entire funeral
industry. It is 5,000 pages long and lists everything from A to Z on
making funeral arrangements for a loved one, and it tells you some of the
“tricks of the trade” so that you or your family are not overcharged,
charged for unnecessary items, or ripped off."
“Now that we have a firm partner
in The Ferrante Agency with us for life settlements we feel we can move
ahead now in our services expansion goals for 2005 which target some of
the other aspects of our senior clients’ needs for final arrangements
planning, such as long term care, national funeral and cremation services
listings, as well as investigating the feasibility of providing funeral
and cemetery trade products. We are often being asked by our clients to
provide products such as caskets, urns and markers.” Ward concluded.
Comments?
Questions? Send Them to:
Final Arrangements Mail @
|