Author: Anna Bailey

Investors in the life settlement industry’s secondary market work with a provider to source policies; indeed, most states that have a regulatory regime for the asset class require a life settlement provider to be involved in the transaction. Those providers in turn source their policies either through the ‘direct to consumer’ channel – so, advertising on television, radio, in newspapers, or online – or through brokers who sell an insured’s life insurance policy on their behalf. A characteristic of the policies that the brokers work with is that they tend to be higher face value, and for good reason: the…