Life Insurance Settlement


Also found in: Acronyms.

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 ?
org, the website for the not-for-profit Life Insurance Settlement Association, to help them identify transaction specialists who will comply with all appropriate ethical and regulatory requirements.
I became interested in life insurance settlements in 2005, through the sale of one of my policies.
Dolan reiterates: "Our complaint resides with manufactured life insurance settlements.
Established in 1994, the Life Insurance Settlement Association is the oldest and largest trade organization in the industry.
Paul Siegert, its President and Chairman, has been elected to the Board of Directors of the Life Insurance Settlement Association ("LISA"), the leading trade organization of the life insurance secondary market.
The amendments had the support of the Life Insurance Settlement Association.
Industry organizations, including the Life Insurance Settlement Association (LISA) and the European Life Settlement Association (ELSA), have launched initiatives to counter these "reputational headwinds.
The Life Insurance Settlement Association praised Texas for being the first state to adopt the Medicaid life settlement law.
THE LIFE INSURANCE Settlement Association (LISA) says its members agree with state securities regulators about the need to root out fraudulent life settlement securitization programs.
During Fall 2009, many analysts were writing off the life insurance settlement industry, suggesting that a perfect financial storm had ended a 20-plus-year run of companies buying insurance policies from seniors and patients facing terminal illnesses.
This concept forms the very basis of the life settlement industry and we believe that the Life Insurance Settlement Association is right on target with its amicus filing (see article in this issue).
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