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 ?

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.

Life Insurance Settlement Association Elects Paul Siegert of GWG Holdings, Inc. to Board of Directors

Although current regulations only prohibit non-securities-licensed individuals from participating in settlement investments, all producers involved in life insurance settlements should:

Life settlement regulation: GAO, SEC recommendations don't hold water: best way to regulate life settlements is the way they're already regulated: by the states

What Happened: The recession has made the life insurance settlement business a buyer's market.

A changing market: because most states regulate the life insurance settlement business, consumers may be more open to selling their life policies

We spoke with Doug Head, executive director of the Life Insurance Settlement Association.

Is the life settlement market in trouble?

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.

Settlement strategies: state-level wrangling over life settlement regulation pits industry groups against each other

A company's membership in the Life Insurance Settlement Association (LISA) is a must.

Making the most of the life settlement market: four industry experts discuss how the recent capital shortage affected the market, how they have been able to weather the storm, and what they expect in coming months

6-8 Life Insurance Settlement Association: 14th Annual Fall Conference, New York City www.

Meetings

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.

Asset Life Settlements, LLC Notes Rising Level of Interest in Life Settlements as Agents Explore Options for Their Clients' Unwanted Policies

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.

One second thought ... For insurers, the life settlement market they once shunned is becoming an attractive side business

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.

The Lifeline Program[R] Publishes Retirement Guide for Seniors, Baby Boomers; "How Life Insurance Can Save Your Retirement" Available for Download

There are five main steps in the procedure for paying a life insurance settlement following the death of the insured:

CNP Assurances: Press Release

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.

Life settlements poised for 'natural growth': but producers still lacking in education: results of 2010 Life Settlement Market Study reveal lingering misconceptions on the part of agents, coupled with market challenges