How Do I Find A Silent Backer For Life Insurance Policies?
Posted November 28, 2009 – 10:19 am in: structured settlements FAQi would like to sell life insurance to foreigners doing and residing in the u.s.i want the money from the sells to go to a foundation for homeless jobless and americans who need medical ins.they are profiting in our country there life should depend on them also helping with our needs here.to not be would be treason.benificiaries on policies would be 10am treason.could some please direct me to the right path to achieve this
Tags: Backer, Find, Insurance, Life, Policies, Silent
One Comment
No, you can’t do this. You don’t have the experience or the backround, or know how it works.
Insurance companies don’t make the profits that you seem to think they make. Foreigners are difficult to insure, because it’s harder to track the claims and prevent fraudulent claims.
It takes BILLIONS of dollars to invest to start a life insurance company – who would EVER invest that kind of money with someone with no experience??
Your BEST bet is to get your life license, sell policies, and take half your commissions and donate them to your good cause. You’ll be shocked at how hard it is to sell insurance, but it’s a MANAGABLE goal for someone. Or a good first step.