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International Life Insurance Agent with Experience Clients Can Trust

12-16-2011 07:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Warren Newton, CLU

Miami, FL. December, 2011. Many overseas buyers of life insurance find themselves with near worthless life insurance or policies that are in real danger of lapsing. The current economic times, with historically low interest rates, are negatively effecting the performance and viability of Universal Life policies that so heavily depend on interest rates, so says veteran life insurance broker Warren Newton.

Newton says "these policies were sold with interest rates that were in the low to mid-teens" and now the life "insurance companies average three to five percent on their general account crediting" for the universal life policies. Insurance companies that sold international life insurance policies traditionally have had little oversight from regulators for the universal life insurance they have sold offshore.

Now many of the former agents working in this area have left the business or retired, so this leaves many clients without current information about their policies. Additionally, for many, their health may have changed over the last 20 to 30 years making it difficult to get new life insurance. Many insured have policies that will end in a couple of years and they don't know it. Warren uses http://www.wsn-lifeinsurance.com as a platform to inform the international life insurance client on what options are available depending on each insured's own unique set of circumstances.

These international life insurance cases tend to be more difficult and therefore not sought after by a large number of agents says Newton. "Nobody wants to re-visit and issue that was supposedly dealt with for the rest of one's life" and be the bearer of distressing news, "but just because it's difficult doesn't mean it shouldn't be done".

Warren Newton is available to answer questions or concerns about life insurance broker as well as other types of life insurance.

About:
Warren “Mike” Newton, a native of New Orleans Louisiana, has 28 years of insurance industry experience with clients throughout the United States and Latin America. Mike’s expertise in the insurance industry is not only unparalleled in areas of Life, and Long Term Care insurance, but his scope of knowledge is also significantly well-rounded because he holds a Chartered Life Underwriters (CLU) designation, and is a graduate of the Loyola University Law School.

Warren Newton, CLU
2655 LeJeune Road
Miami, Fl 33134
(305)-442-4623 ext. 42
Email: wnewton@uclmiami.com
Website: http://www.wsn-lifeinsurance.com

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