The Abacus Life Settlement Blog discusses important topics that surround the life settlement and viatical settlement products and services. This life settlement blog is intended to educate seniors and their financial professionals who want to learn about life and viatical settlements.
The primary market is growing at unprecedented rates and Conning suggests that policies resulting in life settlements represent less than 1% of all policies issued by carriers, giving life settlements new opportunities for growth. 2018 saw a sizable jump in settlements transacted and closed with $4 million in face value, compared to 2017’s $2.8 billion.…
Texas House of Representatives Passes Life Premium Change Disclosure Bill The Texas House of Representatives has proposed a bill creating new disclosure requirements for life insurance issuers. New requirements demand transparency on cost-of-insurance rates. House Bill 207 asks insurers to provide policy owners with 90 days’ notice if rates are changing or if there is…
ALS Patients Share Personal Data to Promote Research and Find a Cure Answer ALS is building the most comprehensive collection of clinical, genetic, behavioral, molecular and biochemical data on people living with ALS ever created. With assistance from artificial intelligence and machine learning, researchers will utilize data from patients to develop new treatments in hopes…
Indexed Universal Life insurance (IUL) is one of the most misunderstood products on the market today as well as the most widely distributed of all the permanent products. Because of its prolific distribution we suspect that more and more of the future life settlement business will come from IUL. Our friend John “Hutch” Hutchinson has…
Divorce + Life Insurance | What Are Your Options? Working through finances in the midst of the divorce can be troublesome and confusing for many. Separation is normally a muddled procedure. The guardianship of kids and the division of benefits might be challenged in court for quite a long time before an agreement is come…