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Last updated on April 24, 2014 at 21:24 EDT

Latest Life settlement Stories

2014-01-06 12:24:26

HARTFORD, Conn., Jan. 6, 2014 /PRNewswire/ -- The difficulties in the Life Settlements market continued in 2012, but the beginnings of a recovery were seen in 2013, according to a new study by Conning. "The life settlements asset class continued to struggle to attract new capital through 2012," said Scott Hawkins, analyst at Conning. "Yet as 2013 developed, some indications of renewed interest in life settlements among investors surfaced. This renewal was driven in part by the...

2013-12-10 23:25:20

Atlanta-based life settlement industry pioneer continues focus on compliance; has long led way in championing regulation and is at forefront of disclosure trend Atlanta, Georgia (PRWEB) December 10, 2013 Habersham Funding, LLC, an Atlanta-based firm that does business nationally helping people cash out of their life insurance early, has been licensed in Arizona and Massachusetts. Habersham is one of the most-licensed life settlement and viatical settlement companies. Life settlements...

2013-09-27 08:25:32

DELRAY BEACH, Fla., Sept. 27, 2013 /PRNewswire/ -- "If you build it, they will come." That advice worked well for Kevin Costner in the movie, Field of Dreams. And, it seems to be working well for a South Florida Internet firm that is giving a face-lift to the secondary market for life insurance. As the new kid on the block, the team at "A Life Settlement" has surprised the industry by giving the consumer less information and more of a personal touch. The enthusiastic response by...

2013-06-20 12:30:39

Coventry enables seniors to sell their life insurance policies to finance their medical and long term care needs FORT WASHINGTON, Pa., June 20, 2013 /PRNewswire/ -- A substantial majority of insureds who sell their life insurance policies use the proceeds to cover immediate healthcare costs, finance their long term care needs or supplement retirement income. With 10,000 baby boomers turning 65 every day and healthcare and long term care costs on the rise, seniors are looking for ways...

2013-02-08 23:02:49

Atlanta-based Habersham Funding continues focus on compliance. (PRWEB) February 08, 2013 Habersham Funding, LLC, an Atlanta-based firm that does business nationally, has been licensed as a life settlement provider in New Hampshire. “We have long supported responsible regulation of the industry, and are proud to add the New Hampshire license to our extensive list of existing licenses,” says Adam S. Hicks, Habersham´s general counsel. “Regulation fosters a healthy...

2012-03-14 07:13:00

ORLANDO, Fla., March 14, 2012 /PRNewswire/ -- Advanced Settlements, Inc., which recently entered its 12th year in the life settlement industry, announced the launch of its newly-redesigned web site. "The new site features a fresh, innovative appearance and improved functionality," said Scott Kirby, Advanced Settlements' co-president. "Our desire is that the site will make it even easier for various audiences to learn about the life settlement industry and conduct business with us." In...

2012-02-01 05:55:00

ATLANTA, Feb. 1, 2012 /PRNewswire/ -- Baby boomers appear to be taking a second look at their life insurance policies as an alternative financial solution to paying for retirement. Retirees can sell an unneeded life insurance policy for a portion of the face amount. These transactions, known as life settlements, have become mainstream in the past several years, particularly as baby boomers begin exploring all financial options to paying for retirement, including previously unconventional...

2010-12-17 11:15:00

NEW JERSEY, Dec. 17 /PRNewswire-FirstCall/ - MaxLife Fund Corp. (OTC:MXFD), is pleased to announce that it has executed an agreement which provides that the Company will purchase a portfolio of early life settlements upon a completion of the necessary funding. When MaxLife purchases these policies in the portfolio, it stipulates that Trinity Life Settlements, LLC, will attach an annuity to each policy. By attaching an annuity to the Early Life Settlement policy, the premiums for...

2010-11-19 08:52:00

PHILADELPHIA, Nov. 19, 2010 /PRNewswire/ -- Coventry, the creator of the secondary market for life insurance in the U.S., applauds the New York Court of Appeals decision in Kramer v. Phoenix Life Insurance Company as a significant victory for life insurance consumers and the secondary market for life insurance. "There are two prongs to this decision, one of which will resonate broadly," said Alan Buerger, CEO of Coventry. "In its opinion, the high court's statement about intent is a...

2010-11-12 15:24:00

NEW YORK, Nov. 12, 2010 /PRNewswire/ -- Absolute Life Solutions, Inc. (OTC Bulletin Board: ALSO) today announced that their November 4th Investor Presentation webcast at the "Retail Investor Conference" is posted online at http://www.retailinvestorconferences.com. The audio webcast, slide presentation and other information materials may be accessed online for approximately 90 days. Gabriel Berger, Absolute Life Solution's, Investor Relations Officer, presented a business overview on...