Life Insurance Settlement


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Life Insurance Settlement

A payment on a life insurance claim. That is, when the policyholder dies, the insurer makes a payment to the beneficiaries. This payment is called the life insurance settlement.
References in periodicals archive ?
About the Life Insurance Settlement Association: Established in 1995, the Life Insurance Settlement Association is the oldest and largest trade organization in the secondary market for life insurance.
Although current regulations only prohibit non-securities-licensed individuals from participating in settlement investments, all producers involved in life insurance settlements should:
We spoke with Doug Head, executive director of the Life Insurance Settlement Association.
The larger regulatory shift from a viatical-settlement-based model to address growing interest by cash-strapped consumers has pitted the life settlement industry, represented by the Life Insurance Settlement Association, or LISA, against the American Council of Life Insurers, the trade group representing 340 life insurance companies.
6-8 Life Insurance Settlement Association: 14th Annual Fall Conference, New York City www.
Says Darwin Bayston, President and CEO of the Life Insurance Settlement Association, "It is encouraging to hear LISA members express an interest and increased activity from agents about a life settlement option for seniors whose policy may no longer be needed or affordable.
Doug Head, executive director of the Life Insurance Settlement Association, estimates the industry transacted business in 2007 involving $12 billion to $15 billion of policy face.
ATLANTA -- Life insurance settlement company The Lifeline Program[R] today published a how-to guide for seniors and baby boomers titled "How Life Insurance Can Save Your Retirement.
There are five main steps in the procedure for paying a life insurance settlement following the death of the insured:
While the life settlement marketplace took some tough knocks this past year with a tighter capital market and an increase in life expectancies, sources such as the Life Insurance Settlement Association (LISA) say life settlements are here to stay.
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