One man's pioneering efforts have turned him into a spokesperson for the life settlement industry. Andrew B Calhoun, President and CEO of Pacific West Capital Group, talked with Fox News Radio and Fred Thompson's Inside Business about his experiences in the secondary insurance market. During the interviews, Calhoun gives specifics about life insurance settlements and explains how these transactions benefit both the insured persons and the investors. Since 2004, Calhoun has led the Los Angeles-based life settlement facilitator, Pacific West Capital Group. The company's integrity and professionalism have earned the highest A+ rating from the Better Business Bureau.
Monday, 16 September 2013
Thursday, 5 September 2013
Pacific West Capital Group Speaks Out Against STOLI
Opportunistic brokers have been taking advantage of the elderly ever since they realized extra money could be made. Pacific West Capital Group stands firmly against unethical practices and believes that customer trust is more important than personal profit. Pacific West Capital does not take part in STOLI transactions, which are illegal. In these scenarios, a third-party stranger entices a senior to take out a life policy and then sell it for an unfair price. Pacific West Capital Group reviews all policies to ensure they comply with California life settlement regulations. In addition, the firm adheres to the professional standards set by the Life Insurance Settlement Association.
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