If you’re a senior with life insurance, you may have heard some pitches lately encouraging you to sell your policy in a transaction known as a “life settlement” or a “senior settlement.” Here’s a few things you should know about this relatively new idea.
Most importantly: Proceed with caution. NASD, the private-sector securities industry regulator, recently […]
Everyone could use a little more money, but needing that cash desperately and in a hurry leads to a lot of mistakes.
The typical mistakes involve payday-advance loans, tax-refund anticipation loans, and more,but one big concern for senior citizens in need of cash is the “life settlement.”
NASD issued an “investor alert” this month warning about the […]
By Alex Dunnin
A wholesale fund that enables investors to gain exposure to life insurance policy settlements is now available in Australia.
The fund works like a fixed interest investment as the portfolio managers trade life
settlements on the secondary market where the policies are sold at a discount to
each policy’s face value.
Chris Renouf, fund manager of the […]
Life Insurance Finance Association Expands Membership to Insurance Producers
ATLANTA–(BUSINESS WIRE)–The Life Insurance Finance Association (LIFA) board of
directors voted today to open its membership to insurance producers, agents and
financial advisors.
Under the revised dues structure, professionals involved in the sale of life insurance and who act as advisors to consumers who purchase life insurance are invited […]
Meir Eliav Focuses on Sellers Rights at Life Settlement Symposium
NEW YORK–(BUSINESS WIRE)–Focusing on the value of life settlements, Legacy Benefits president Meir Eliav joined life insurance expert Dr. Barry Kaye and a panel of distinguished experts at a recent symposium on consumer financial opportunities in the secondary life market at Florida Atlantic University in Boca […]
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