Media Coverage

What the Media is saying about the Life Settlement Industry

 “Needless to say, seniors are looking for ways to bolster their sagging savings. Often they find that the most valuable asset they can afford to part with is their life insurance policy, which can have substantial cash value. New alternatives have become available for those who no longer have a need for their life insurance policy. One of them is the life settlement business, a burgeoning multi-billion dollar industry that has exploded in recent years.  Life settlements can be a worthy alternative for seniors who are considering the sale of their life insurance policy, and offer a higher payment than the cash surrender value offered by the insurance company.”

— Senator Herb Kohl
Special Committee on Aging, April 2009

“This is the perfect time to research a more reliable investment vehicle that may offer needed peace of mind for those hoping that they have enough of a nest egg to sustain them through their golden years. As agents and broker, we owe it to our clients to investigate whether life settlements might be a key component to fill a void in their portfolios.”

— Cole, Curtis
“THE BEST-KEPT SECRET OF THE LIFE SETTLEMENT INDUSTRY”
Senior Marketing Advisor Magazine, April 15, 2008

Settlement securitizations should be attractive to investors as they’re uncorrelated to everything else as far as the underlying expected cash flows are concerned”

— Leinfuss, Nancy
“WALL STREET PLAYS DEATH CARD IN SECURITIZATION MARKET”
Reuters, July 31 2009

“Let the Dow rise, let the Dow fall; a death payout is an uncorrelated asset whose timing bears almost no connection to the mood swings of the market.”

New York Times, August 2012

“It’s a great investment asset class.”

FundWeb
June 2012

“If you look at this investment on a risk-adjusted basis, it’s a very solid return. Insurance companies don’t default on life insurance.”

— Weiss, Miles
“HEDGE FUNDS BUY LIFE INSURANCE POLICIES TO PLY NEW PROFIT PATH”
Bloomberg, December 1, 2005

“I know that a lot of people think that what you do is macabre . . . but I can tell you that you are in reality a dream weaver and a lifesaver.”

— Arline Maisel, as quoted by the New York Times. Maisel obtained a life settlement for her father after he was diagnosed with prostate cancer. The Maisel family used the money to rent a house in Colorado so that the sick father, his children and grandchildren could gather together for what proved to be his final year alive.
New York Times, August 2012

 “Even the most diversified portfolios were devastated as the S&P shed 38 percent toward the end of 2008. The first part of 2009 is proving to be an encore performance. With the retirees of America looking for solutions to their portfolio woes, a shining light is rising in the world of “safe” financial options—life settlements.”

— Rasmussen, Don
“HOW TO USE LIFESETTLEMENTS”
Senior Market Advisor, August 1, 2009

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