Tag: Financial Planning
The Secrets of Life Expectancy Underwriting for Life Settlements with Vincent Granieri (Ep. 8)

The Secrets of Life Expectancy Underwriting for Life Settlements with Vincent Granieri (Ep. 8)

By |

Life expectancy is a crucial factor in many aspects of life, such as retirement planning, life insurance, and health care.

But it is also a huge component when selling your life insurance policy!

However, estimating how long someone will live is not an easy task, as it depends on various factors, such as medical history, lifestyle, genetics, and environmental conditions.

In this episode, Mark Mrky and Rob Haynie chat with Vincent Granieri, CEO and Managing Member at Predictive Resources, LLC, to explore the potential of life settlements and how estimating your life expectancy plays an important role in the process.

Vince shares the variability in life expectancy predictions among companies and the blend of data-driven and subjective methods used. Additionally, he also explains the concept of a mortality curve and its role in financial planning for retirees.

Vince discusses: 

  • His background in actuarial science and experience in the life insurance industry
  • The different perspectives and approaches to life expectancy underwriting
  • The concept of the mortality curve and its significance in life expectancy underwriting
  • The evolution of underwriting methods
  • The impact of familial DNA and genetic diseases 
  • How medical advancements have impacted life expectancies
  • The importance of comprehensive medical records in accurately assessing life expectancies and the ideal set of records required
  • And more!

Connect with Mark Mrky: 

Connect with Rob Haynie:

Connect with Vince Granieri:

About our Guest: 

Vincent Granieri founded Predictive Resources in 2013 to ensure that the life expectancy provider space remained driven by sound analytics of relevant data. A fully credentialed actuary and Harvard MBA, Vince has over 40 years of experience in life and health insurance, pensions, and related fields, including over 30 years as a C-level executive and 15 years in life settlements. His research on senior mortality has been published and peer-reviewed. He is responsible for scores of innovative improvements to forecasting life expectancy. He is known as a thought leader in life settlements, a pioneer in the application of predictive analytics to actuarial issues, and a direct and candid leader.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Exploring the Benefits of Life Settlements with Mark Mrky and Rob Haynie (Ep. 1)

Exploring the Benefits of Life Settlements with Mark Mrky and Rob Haynie (Ep. 1)

By |

Are you struggling to keep up with payments on your life insurance policy? 

Discover how you can secure a good payout and enjoy a comfortable retirement by selling your policy by streaming the inaugural conversation of Unlocking the Hidden Value of Your Life Insurance!

This week, Mark Mrky and Rob Haynie from Life Insurance Settlements, Inc chat about the life settlement industry and how it benefits clients, advisors, and the overall field.

They explain how the industry works, why people sell their life insurance and the shocking number of seniors surrendering their policies every year. Additionally, they stress the importance of getting an appraisal and highlight who the ideal clients and buyers are.

Mark and Rob discuss: 

  • How they stumbled into the life settlement industry and how they found it to be a win-win solution for clients, financial advisors, and the arena as a whole
  • The ins and outs of the life settlement industry
  • Reasons people would sell their life insurance
  • How many seniors surrender their life insurance policies back to the carrier or let them lapse
  • The importance of getting your life insurance appraised 
  • Who is buying life insurance policies 
  • Why financial advisors and other professionals need to know about life insurance settlements 
  • And more!

Connect with Mark Mrky: 

Connect with Rob Haynie:

About Mark Mrky:

Mark Mrky is a managing member of Life Insurance Settlements, Inc, the nation’s most experienced life settlement brokerage. Their sole focus is on representing our clients to obtain the highest market price possible for the sale of the client’s life insurance policy in the secondary marketplace.

Mark began his career with LIS in 2001 and has consistently remained in the top 1% of sales in the nation. His specialty is working with and educating senior clients, estate planners, insurance advisors, attorneys, and other financial professionals about the benefits of the Life Settlement industry.

He has presented to groups such as NAIFA, Top of the Table, InsMark, Society for Financial Service Professionals, National Association of Philanthropic Planners, local estate planning councils, various Broker-Dealers, Insurance Carriers, and professional groups on the subject of Life Settlements.

Mark has a B.A. in Psychology from the University of Nebraska and is a member of the Life Insurance Settlement Association. 

About Rob Haynie:

With over 30 years of experience, Rob Haynie is the Managing Director of Life Insurance Settlements, Inc. and serves on the board of the Life Insurance Settlement Association.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More