Frequently Asked Questions

  • Are these transactions legally recognized?

  • Do I have any fiduciary obligations?

  • How do firms project how long the insured is going to live?

  • How do I explore a possible settlement?

  • How is a Life Settlement different from a Viatical Settlement?

  • How is privacy maintained?

  • How long will the transaction take?

  • How substantial is this industry?

  • Policy loans, collateral assignments, etc. are not considered life insurance policy sales?

  • What are Accelerated Death Benefits?

  • What are the benefits of working with members of the Life Insurance Settlement Association?

  • What are the major downsides?

  • What is a life settlement?

  • What is the bottom line for my client?

  • What kind of client is a good candidate?

  • When should I recommend a settlement?

  • Who gets compensated in a life settlement transaction?

  • Why are life settlements not for everyone?

  • Why is this something I should consider for my clients?

  • Why would an investor buy a life insurance policy?

  • Won’t the insurer pay my client as well?