Life Settlement Blog

  • At a Tipping Point: COI Increases for Seniors Owning UL Policies As Newton’s law of motion reminds us, for every action there is an equal and opposite reaction. Viewing Newton’s theory from inside the life settlement industry, the image that readily comes to mind is that of furious UL policy owners railing against the recent COI increases by major carriers. There’s little doubt that many seniors who own troubled universal life policies are at a
  • Life Settlements Might be an Option for Some Senior Consumers Following Recently Announced Premium Hikes for Universal Life Policies For more than 130 million American consumers, life insurance (term or permanent insurance) is a critical component of sound financial planning. But when a permanent life insurance policy becomes too expensive to maintain due to premium increases, the owner is faced with some hard choices. In light of the recently announced premium hikes for certain universal
  • Insurance Advisors with Life Settlement Expertise in Prime Spot to Assist with Business Succession Planning According to the results of an FPA/CNBC survey of planning professionals released in April 2015, 78 percent of small business owners expect to sell their businesses to fund their retirement. But what’s even more remarkable about the survey is the fact that more than 70 percent of small business owners have failed to create a written succession plan. The lack
  • Nonprofits Struggle to Boost Coffers While Overlooking the Fundraising Potential of Life Settlements It’s a known fact that nonprofit organizations were among those hit hardest during the recent economic downturn.  Some charities may never fully recover from the six or more years that were lost opportunities for investing new donor funds and building cash for operating expenses. So it’s not surprising to learn that the number one challenge facing nonprofit leaders in 2015 is difficulty
  • Financial Help for Life-Threatening Illnesses A video about how life and viatical settlements can empower cancer patients and others with life-threatening illnesses to convert their life insurance into funds to fight illness. Meet Emily. She recently was told by her doctor that she has a life-threatening illness and she’ll need more care and assistance than her health insurance will cover or her family can afford. Her husband James is worried because he knows they need to explore every option
  • Simplification of the closing process puts a settlement check into the hands of the policy seller much sooner NEW YORK, May 19th, 2015 – Abacus Life Settlements, a leading life settlement provider in the secondary market for life insurance, today announced that it has introduced new efficiencies into the contract closing process that will significantly reduce the time it takes to execute a life settlement transaction.  The business benefit of facilitating more rapid execution of
  • Here is A Case Example Showing How ATRA and RDB Life Settlements Are a Marriage Made in Heaven Two years following the enactment of the 2012 American Taxpayer Relief Act (ATRA), many families that had purchased life insurance to finance estate taxes are now making premium payments for multimillion-dollar insurance coverage they no longer need. ATRA set the basic exclusion amount at $5 million per individual (adjusted upwards each year for inflation), resulting in an adjusted
  • Abacus Life Settlements Announces Over $250 Million in Available Funds to Purchase Policies New York, NY – January 20th, 2015 – Abacus Life Settlements, a leading life settlement provider in the secondary market for life insurance, announces over $250 million to purchase policies for 2015. “This announcement indicating our purchasing capabilities is the result of a multitude of factors affecting Abacus Settlements and our industry as a whole,” explained Samantha Butcher, Abacus’s Chief Operating Officer.