January 03, 2018

New Tax Law Enhances Life Settlements Market

The new tax law, the Tax Cuts and Job Act of 2017 (TCJA), contains two provisions that provide a boost to life settlements, which should spur added growth of the life settlement market. First, the law makes the tax treatment of a life settlement to the seller more favorable and, second, the increased estate tax exemption could make some policies, which were purchased for estate tax purposes, unnecessary and, therefore, candidates for a life settlement.

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December 18, 2017

5 Key Life and Health Sections in Final Tax Bill

The new, combined version of H.R. 1, the Tax Cuts and Jobs Act bill, could cost life insurers about $22 billion over the period from 2018 through 2027. Rep. Kevin Brady, R-Texas, originally proposed a version of the tax bill that would raise about $22 billion, by combining a $7 billion change in the tax rules for life insurers' deferred acquisition cost (DAC) expenses, or spending on activities such as marketing, underwriting, and paying agents' and brokers' commissions, with a $14.9 billion change in life insurers' reserving rules.

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October 30, 2017

Conning--Life Settlements Growth Trajectory Challenged by Insurer Cost of Insurance Increases

Overall market conditions point to growing demand for life settlements, but continued insurer increases in cost of insurance on existing policies presents a challenge to growth, according to a new study by Conning.

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October 30, 2017

Life Insurance as a Retirement Asset

One of the notable changes in the American economy over the last couple of decades has been the virtual disappearance of the steady 40-year career with one employer. It has been replaced with a culture where workers move from job to job, sometimes combining multiple part-time gigs to stitch together a required income.

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October 30, 2017

Turn Term Policies into Cash With a Life Settlement

Term policies that are convertible to universal life make some of the best prospects for a life settlement, but they are frequently overlooked.

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October 30, 2017

Don't Forget Secondary Market for Life Insurance

With many Americans struggling to meet their retirement income needs, it is unfortunate that valuable assets may not be properly utilized in retirement planning.

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October 23, 2017

Wringing Cash From Life Insurance

“We’re going to go through a quick, ten- to 15-minute personal health assessment,” said Jay Jackson, vice president of Abacus Life Settlements in Orlando. “There are no right or wrong answers.”

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August 17, 2017

The Long-Term Care Crisis and Life Settlements

It’s no secret that financing long-term care is becoming a massive problem for America.

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