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Florida Governor Signs Bill Requiring Consumers Be Advised to Consult with Professional Before Making Changes to Life Insurance Policy

ORLANDO, Fla., June 27, 2017 (GLOBE NEWSWIRE) -- Florida Gov. Rick Scott signed legislation yesterday that contains a key consumer disclosure requirement to protect Florida consumers who are considering making changes to a life insurance policy. The Florida state legislature passed HB 1077, a wide-r

Berkshire Settlements’ John Dallas Elected to Board of Directors for Life Insurance Settlement Association

ATLANTA, June 15, 2017 (GLOBE NEWSWIRE) -- John Dallas, chief executive officer of Berkshire Settlements, Inc., has been elected to a three-year term on the board of directors of the Life Insurance Settlement Association (LISA). LISA, a non-profit organization, is the nation’s oldest and largest org

New Life In Life Settlements

At the end of May, Abacus Life Settlements, an Orlando, Fla.-based licensed life-settlement buyer, reported nearly 20% growth in its transactions completed last year, representing a nearly $40 million increase in the total face value purchased. That represents a big uptick in an often overlooked, mi

Market Volume Continues to Surge; 2016 Busiest Year in Secondary Market Since 2009

NEW YORK, June 1, 2017 /PRNewswire/ -- The Deal, a business unit of TheStreet, Inc. (NASDAQ: TST), issued results from its annual survey of the life settlement market which reveal that transactions increased 47% last year, as small-face policies gained traction and marketing efforts began reaching c

Technology Innovations Driving New Opportunities in Life Settlement Industry, According to Experts at LISA Conference

ORLANDO, Fla., May 17, 2017 (GLOBE NEWSWIRE) -- The life settlement marketplace is poised for new growth opportunities as industry participants better leverage emerging technologies to facilitate the sale of seniors’ life insurance policies, according to speakers at this week’s 23rd Annual Spring Li

Senate Tax and Benefits Counsel to Deliver Keynote Address at 7th Annual Life Settlement Institutional Investor Conference

The event, which is the leading professional gathering of institutional investors in the life settlements asset class, will be held on January 30, 2017, at The Ritz-Carlton Battery Park in New York City. To register now, click here. The featured address, “Insights from Capitol Hill,” will discuss va

Long-Term Care: Early Planning Pays Off

It's best to talk about long term care early — before the need for medical or personal care is imminent. Here's help understanding, choosing and financing long term care. By: Mayo Clinic Staff Mayo Clinic, 22 September 2016 Long-term care is a term used to describe home and community-based services

7 Ways the Law Protects Seniors Who Sell Their Life Insurance Policies

By: Michael Freedman iris.xyz, 21 September 2016 I never get tired of sharing this fact: a life insurance policy is an asset. If a senior is not going to keep their life insurance policy—for whatever reason—they have a protected property right to sell that policy. In many cases, they’ll receive sign

Life Insurance Settlement Association to Host 22nd Annual Fall Life Settlement Conference on October 16th-18th in Scottsdale, Ariz.

ORLANDO, Fla., Aug. 24, 2016 (GLOBE NEWSWIRE) -- The Life Insurance Settlement Association (LISA) today announced the final agenda for its 22nd Annual Fall Life Settlement & Compliance Conference, to be held on October 16th-18th at the scenic Omni Scottsdale Resort & Spa in Scottsdale, Ariz. “This y

How to Combat Rising Life Insurance Costs

(Family Features) For a good portion of Americans, life insurance is a critical component of financial planning. However, in recent months, many seniors have been hit with an unwelcome surprise as several insurers are raising the premiums on their life insurance policies. When a life insurance polic

3 Not-So-Crazy Reasons To Sell Your Life Insurance

By: Victoria Yore If you are a 65+ something or know someone around this age who owns a life insurance policy, you may be able to sell it for an upfront payout. Say what???? Yep, this nifty idea is called a Life Settlement. Like your house or your car, your life insurance is an asset which can be so

3 Reasons to Consider Life Settlements for Your Senior Clients

By: Jon B. Mendelsohn LifeHealthPro, 05 August 2016 If you assist clients with retirement planning, chances are you’ve never helped one go through a life settlement transaction. At least, that’s according to a 2015 poll by Financial Advisor IQ, which asked the question, “Would you help clients sell
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