Investing in life settlements has recently gained popularity as more of the senior population has discovered the benefit of life settlements for themselves. It is a type of investment that benefits all parties involved due to its unique dynamic of profit and need, and it is an investment that offers some notable benefits for investors when compared to traditional investments in stocks or mutual funds.
Networking is a crucial aspect of business for any professional, especially when it comes to a business sector like life settlements. However, it can sometimes be difficult to find networking opportunities, particularly with COVID-19 restrictions and shutdowns in effect. Luckily, there are some excellent resources, as well as a variety of methods, that will allow professionals to find networking opportunities.
Forty-three states and the territory of Puerto Rico regulate life settlements, affording approximately 90% of the United States population protection under comprehensive life settlement laws and regulations.
What is Life Settlement Fraud?
As with all important business transactions, policy owners and insureds must be careful not to be the victim of fraud or to commit fraud in connection with a life settlement. Individual policy owners and insureds are often older individuals who may be particularly vulnerable to fraud schemes. The life settlement industry wants to help older adults avoid such circumstances.
Insurance professionals have monitored the life settlements industry with a watchful eye in the aftermath of the significant market contraction a decade ago.
The Center for Retirement Research at Boston College recently completed an academic analysis of five national surveys that are frequently used to measure the financial resources available to American households in retirement. The goal was to objectively study the question of whether the U.S. Census Bureau’s Current Population Survey (CPS) actually understates retirement in-come in the U.S.
Dear LISA Members:
As I mentioned at the close of the 2018 LISA Spring Conference in Orlando, a number of significant changes will be implemented by LISA’s Board in the coming weeks, one of which is a change to the Membership structure of the association.
Dear LISA Members:
As I mentioned at the close of the 2018 LISA Spring Conference in Orlando, a number of significant changes will be implemented by LISA’s Board in the coming weeks, one of which is a change to the Membership structure of the association.
1911
Grigsby v. Russell: The U.S. Supreme Court ruled that life insurance policies are an asset. Like all assets, life insurance policies are now freely assignable for value.
Topeka, KS— The Kansas Insurance Department has issued a cease and desist order against a New Jersey company selling viatical insurance settlements in Kansas for failure to file timely statements and renewal fees.
Founded more than a century ago in Providence, Amica Mutual Insurance Company has become one of the state’s largest employers. We’re deeply invested in supporting a healthy economy in Rhode Island and employ more than 1,500 local workers. We’re also a trusted insurance provider to more than 53,000 Rhode Island families who count on us in their times of need.
Thanks to the proliferation of services like Uber, Airbnb, Lending Club and a host of others, sharing services have become a multimillion dollar industry.
Thanks to the proliferation of services like Uber, Airbnb, Lending Club and a host of others, sharing services have become a multimillion dollar industry.
THE RISE OF Congressman Joe Crowley, D-N.Y., has coincided with lucrative lobbying contracts for his younger brother, John Crowley, an attorney who goes by the first name Sean, and previously specialized in wills and estate law.
It’s a scary, volatile market with asset correlations that may result in making emotional investment decisions. Instead of letting your emotions get the best of you, hit the pause button and take a look at smart alternatives. When historical valuations tell you that both stocks and bonds are expensive, it’s time to search for products that can put up decent risk-adjusted returns regardless of any economic cycle.
Guest speakers at LISA’s 24th Annual Spring Life Settlement Conference, held last week at the Willard Intercontinental Washington in Washington, D.C., spotlighted the retirement savings shortfall in the U.S. and the need for “innovative solutions” to this growing problem.
Life Insurance Settlement Association via BusinessWire, 8 May 2018
Guest speakers at the Life Insurance Settlement Association (LISA)’s 24th Annual Spring Life Settlement Conference, held this week at the Willard Intercontinental Washington in Washington, D.C., spotlighted the retirement savings shortfall in the U.S. and the need for “innovative solutions” to this growing problem.
To: ALL LISA Members
From: Darwin Bayston, President & CEO
Date: April 25th, 2018
Dear LISA Members:
The AARP Education & Outreach division published an article titled “Selling Your Life Insurance? Proceed with Caution” last October that was recently brought to our attention since it keeps being shared on the web. We are very concerned with the piece because it is based on information that is extremely dated at best and factually obsolete at worst. LISA drafted the following response to AARP.
Life Insurance Settlement Association (LISA), 10 April 2018
The Life Insurance Settlement Association (LISA) today announced a robust agenda, focused on regulatory developments surrounding life insurance and retirement security issues affecting seniors, for its 24th Annual Spring Life Settlement Conference. The conference will be held May 6-8 at the Willard InterContinental Washington in Washington, D.C.
For many retirees, the term "long-term care" is typically associated with a nursing home. As we age, there is a greater chance we will need some sort of long-term care in the future. According to the U.S. Department of Health and Human Services , 70% of people over 65 will need long-term care at some point in their lives.
Life Insurance Settlement Association via Globe Newswire, 2 February 2018
The Life Insurance Settlement Association (LISA) today announced that its Eighth Annual Life Settlement Institutional Investor Conference, the leading professional gathering of institutional investors in the life settlements asset class, will be held on February 26, 2018, at The Ritz-Carlton Battery Park in New York City.
The Life Insurance Settlement Association (LISA) today announced that its Eighth Annual Life Settlement Institutional Investor Conference, the leading professional gathering of institutional investors in the life settlements asset class, will be held on February 26, 2018, at The Ritz-Carlton Battery Park in New York City.
Life Insurance Settlement Association, 12 January 2018
Protections for insurance consumers continue to be a hot topic for 2018’s legislative session. Keeping with this trend, Rhode Island has introduced legislation (HB 7124) that would notify policyholders, under certain circumstances, that there are alternatives to the lapse or surrender of their life insurance policy. Among the alternatives listed is a life settlement. The bill was introduced yesterday and was referred to the House Corporations Committee.
Life Insurance Settlement Association, 03 April 2017
The Life Insurance Settlement Association (LISA) today announced the schedule and featured speakers for its 23rd Annual Spring Life Settlement Conference, to be held May 14-16, 2017, at the Omni Austin Hotel in downtown Austin, Texas.
The Life Insurance Settlement Association (LISA) today announced the schedule and featured speakers for its 23rd Annual Spring Life Settlement Conference, to be held May 14-16, 2017, at the Omni Austin Hotel in downtown Austin, Texas.
