Kashfrov Pte Ltd
Insurance - Singapore, , Singapore
Kashfrov Pte Ltd Employees
Kashfrov Pte Ltd Senior Management
Kashfrov Pte Ltd Details
Kashfrov is Asia's only Life Insurance Settlement Exchange. Headquartered in Singapore, Kashfrov is developing an exchange that will bring liquidity and transparency to the secondary market for life settlement policies. Kashfrov was founded to provide and educate individuals and companies who currently own an endowment and/or life insurance policy; and companies and high net worth individuals who have an interest in investing in an alternative asset. Our drive in educating and personalizing the life settlement and endowment process sets us apart from our competitors, being Asia's first Life Insurance Settlement Exchange.Kashfrov is a financial platform which instantly matches sellers of insurance policies with buyers. Traded Life Policies (TLP) and Traded Endowment Policies (TEP) are financial instruments that converts life insurance and endowment policies into liquid cash. The buyer takes over premium payments, and becomes the beneficiary of the policy. As a result, the seller is released from financial burden of further insurance premiums and is free to utilize the amount raised to meet immediate needs. As most insurance policyholders know, the primary reason for having a life insurance policy is the protection of their loved ones and assets. Often though, by the time individuals have reached retirement age, their finances and lifestyles have changed. Thus, many have found the initial feature of their insurance policy no longer applicable. When this happens, it is not uncommon for the policy to become a "dormant asset." Freeing up the money and putting off these premiums allows more economic flexibility and countless new opportunities.
