Abacus Life Learning Center
Life Settlement
Life Settlement
Blog & Resources
Expert insights on life settlements, policy valuation, and retirement planning — written by the team at Abacus Life, the only publicly traded life settlement company in the U.S.
Source: Donna Horowitz, The Deal Vincent Pellegrino started a job as Vice President of Capital Markets this month. Vincent Pellegrino is the new vice president of capital markets for Abacus Life Inc. (ABL). He joined the Orlando, Fla.-based life settlement provider this month, according to his updated LinkedIn profile. “We are excited to have Vinnie join the team. He is a long-time industry veteran and brings a wealth of experience to our team,” Abacus CEO
Source: Donna Horowitz, The Deal The life settlement provider announced Christopher Romaine’s hiring on Sept. 11. Abacus Life Inc. (ABL), the No. 2 buyer in the life settlement market, said it has hired Christopher Romaine as its general counsel. The Orlando, Fla.-based life settlement provider said Monday, Sept. 11, it had retained Romaine to advise and serve on the firm’s executive leadership team. Abacus has consistently been the second biggest buyer in the secondary market,
Source: Donna Horowitz, The Deal | https://pipeline.thedeal.com/article/00000189-f527-d331-a9ff-f7e733260000/deal-news/life-settlements/former-transamerica-exec-joins-abacus-life Seth Miller is the new chief revenue officer at the life settlement provider. Seth Miller, a former Transamerica Life Insurance Co. executive, is the new chief revenue officer of Abacus Life Inc. (ABL). The Orlando, Fla.-based life settlement provider, said Monday, Aug. 14, that Miller was hired to continue developing relationships with life insurance and wealth-management firms. He has 25 years of experience in financial services distribution and
In essence, a life settlement could help one prepare for retirement by providing a lump sum of cash in exchange for their life insurance policy that could be used to help fund the expenses that come along with retiring. A few notable ways that a life settlement could help prepare one for retirement include: Unlocking the cash value: If a life insurance policy has accumulated cash value, a life settlement offers access that value now,
A life settlement can be the solution to many seniors’ financial troubles. Whether they need funding for medical care, their policy is too expensive to maintain, life insurance is no longer needed, an unexpected expense arises, or they simply want extra money fund their retirement, a life settlement can provide a solution. With this being said, there are a few misconceptions about life settlements that may prompt doubt, due to the lack of awareness and
What is a Life Settlement? A life settlement is a financial transaction in which an individual sells their life insurance policy to a financial institution for a lump sum payment. The buyer of the policy becomes the new owner and beneficiary of the policy and assumes responsibility for paying the future premiums. In return, the seller receives a cash payment that is higher than the policy’s cash surrender value but lower than its death benefit.
