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.
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.
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 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.