Life Settlement and Viatical Settlement News

I received a few emails about the Equitable Life settlement situation so I decided to post a recent article. I will also try to get other articles regarding the situation. This settlement/situation has nothing to do with the current life settlement industry. This was on the investment side.
Savers fear Equitable Life settlement
Steve Hawkes, Evening Standard
EQUITABLE […]

Key man settlement are specific to corporate owned life insurance. Corporations sell life insurance policies because the insured key man has retired and the policy is no longer needed, the loan that required a life insurance policy is paid off, or the corporation has a split dollar policy.

Life Insurance Settlements allow a life insurance policy owner to sell an existing policy to a financial institution in exchange for an immediate lump sum cash settlement. The amount paid for the policy is a discounted percentage of the policy’s net death benefit and represents the present day value of the policy. This purchase […]

Life Settlement - The term today covers the sale, assignment, transfer, devise or bequest of the death benefit or any portion of an insurance policy or certificate of insurance for compensation less that the expected death benefit of the insurance policy or certificate.
A Life Settlement also includes a loan or other lending transaction […]

A senior settlement or senior life settlement is the transfer of a life insurance policy from the policyholder to a licensed Life or Senior Settlement funder. By definition, the market value is greater than the life insurance cash value but less than the net death benefit.
The transaction involves the policy owner’s transfer of ownership rights […]

Become a Life Settlement Agent, we are looking for nationwide life settlement agents.
A life settlement, also known as a senior settlement or viatical settlement, gives a policy owner a cash settlement in excess of (sometimes double or even triple) their current cash surrender value.
You can now turn that poor performing life policy into a […]

WASHINGTON, April 4 /PRNewswire/ — The Life Settlement Institute today
announced that its support for the secondary market for life insurance
includes those premium finance programs which utilize the secondary market
value of life insurance to enable people with a true need for life insurance
to tap into the market value of life insurance. These programs allow
policyowners to […]

The difference between life insurance settlements and viaticals
The concept of life insurance settlements and viaticals is almost identical. Both involve a policy owner and a funding company transferring ownership of a life insurance policy in exchange for a sum of money. The difference between the two is based upon the expected life span of the […]

The secondary market for life insurance has emerged as a substantial benefit for life insurance consumers. Life settlements have given life insurance policyowners over $1 billion over the cash surrender value in unneeded, underperforming or unaffordable policies.

For growing numbers of consumers, a life insurance policy has more value than they may realize.
According to a recent Wall Street Journal article, the sale of life insurance policies has become a new investment phenomenon. It is attracting the attention of people over 65 who own high-value insurance policies with escalating premiums.
The Sept. 21 article, […]