Related Resource Links
Alabama currently has no regulations on life or viatical settlements.
Relevant State Departments of Insurance Contact Info
Alabama Department of Insurance
P.O. Box 303351
Montgomery, Alabama 36130-3351
Summary of the State:
- Summary Verbiage
Consumers were paid over $750 Million by LISA Members for the sale of their unwanted life insurance policies
On May 3, the Life Insurance Settlement Association (LISA) released findings from its 2021 Annual Market Data Collection Survey. The data collected represents summary closing…
The Evolution of Regulations that have Benefited the Consumer
The life settlement industry was born in 1911 when Supreme Court Justice Oliver Wendell Holmes Jr. and his fellow justices ruled that life insurance is…
Combating Inflation with Life Settlement Earnings
Everything is getting more expensive these days. Gas prices are higher, food prices are higher, used car prices are higher—it seems like nothing right now…
How Did Insurance Policy Owners Earn $848 Million in 2020?
It’s true—according to “The Life Settlements Report” released by The Deal, 3,241 people sold their life insurance policies in 2020 for a combined total of…