Amrita Financial Closes Deal To Help Financial Planners

Finance Logix and Amrita Financial Inc. partner to deliver life settlements to financial planners. Amrita Financial will provide analytical tools and a transactional platform that is to be embedded into the Finance Logix software. This will make understanding the value of life settlements much easier for financial planners so opportunities are not missed for clients. In a partnership that was several months in the making, Finance Logix and Amrita Financial hope to empower financial planners and their clients so that they can make the best decisions possible regarding their overall financial strategy.

The partnership will have Amrita Financial providing analytical tools through a familiar Finance Logix interface to financial planners. One important tool will generate a deterministic value of a life insurance policy on the secondary market, also known as a policy's life settlement value. Up until this point, financial planning software provided financial planners with just information on a life insurance policy's cash surrender value. That is the amount a life insurance company will pay the policy holder to surrender or give up the policy. Life settlement values can be 200-500% of the cash value.

Understanding the life settlement value of a life insurance policy allows financial planners and their clients an opportunity to determine the best course of action with an unneeded or unwanted life insurance policy. Financial planners and their clients benefit because they do not have to assume a policy's value is limited to the cash surrender value.

Finance Logix software is now able to assist financial planners place a client's life insurance policy onto the secondary. Financial planners can now access the Amrita Financial electronic life settlement platform directly through Finance Logix. By doing so, financial planners now have increased transparency into the transaction and can view real time status of things such as offers, number of financial institutions bidding and documentation collected.

The new Amrita Financial and Finance Logix strategic partnership will make a significant impact on the way life settlements are originated. There is now an option that provides much better transparency and accountability compared with traditional life settlement brokers.

As a result of this partnership, Amrita Financial's life settlement tools and electronic platform will become the preferred tool for financial planners.

Looking to find the best deal on life settlements, then visit www.amritafinancial.com to find advice from the best life settlement brokers.