Author: Christopher Conway

In an effort to differentiate between cohort and large population mortality information that predominates most discussions about longevity, life expectancy and other life underwriting-related topics, we have used two different terms. We use the term macro-longevity to refer to information about life expectancy involving large groups of people, the population of the United States for example. We use the term micro-longevity when we talk about the life expectancy (LE) of an individual. However, these are merely labels we use to keep any discussion about longevity risk focused on the situation at hand. Using These Terms and Their Scope We do not use…

The option to sell one’s life insurance policy in the life settlement market is an attractive one. Whether individuals need the cash for a specific reason, or whether they just don’t need the policy anymore, there are many, many companies operating in the life settlement industry that can help the consumer to unlock their policy’s value. However, a surprisingly large number of these companies are neither licensed nor registered with federal and state agencies, even when they should be. One of the life settlement industry’s many benefits is that the secondary market – where the insureds sell their policies –…