Life Settlement and Viatical Settlement News

JENKINTOWN, Pa.–(BUSINESS WIRE)–April 20, 2006–Rumson Capital announced today that the company will be offering full disclosure of highest-bid life settlement transactions from financial institutions to brokers. Rumson Capital, an independent life settlement company that offers unique services to those seeking to maximize their financial assets, has decided to set a new standard and be the […]

By ELIZABETH WEILL-GREENBERG
Thursday, April 13, 2006
When Poz magazine founder Sean Strub sold his life insurance policy in 1995, he didn’t think he had much time left.
In the 1990s viatical companies sprung up to buy life insurance policies from people with AIDS and other terminal illnesses. Because AIDS was still considered a death sentence, the investors […]

ORLANDO, FL — (MARKET WIRE) — 04/07/2006 — The Life Insurance Settlement Association (LISA) today praised the National Association of Insurance Commissioners (NAIC) on its new national educational initiative, “Insure U,” designed to inform the public about the basics of insurance.
“This balanced approach to providing public information will help consumers and is a logical extension […]

It is common that many individuals are using a life insurance policy for future property and estate taxes. This a very financially beneficial decision and can benefit your heirs greatly. What happens is you sell the property, move, or want to downsize? Before you could continue to pay the hefty premiums, surrender the policy for […]