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Life Settlement Transactions/Regulatory Compliance

A life settlement is the sale of an existing life insurance policy to a life settlement provider.  Such a sale allows a policy owner to convert an unwanted life insurance policy into a lump sum settlement that is more than the surrender value offered by the insurance carrier. Policy owners may consider a life settlement under many circumstances, such as when a current policy is underperforming or is no longer needed due to changes in the owner’s circumstances, financial or otherwise.

Our attorneys have extensive experience representing life settlement providers in all areas of the life settlement industry. We work with providers in all facets of their business and transaction planning, including to strategically structure policy origination arrangements with third-party funds, joint ventures with funds and/or other providers, and establishment of proprietary funds. Additionally, we counsel providers on all aspects of regulatory matters, including licensing, annual reporting, day-to-day compliance, transactional matters, and representing providers in dealings with regulators from state insurance departments and other governmental authorities.

Our expertise in the life settlement market and state regulation makes us a valuable counselor to any participant in the life settlement industry, from policy owners to providers and funds. Contact us to find out how we can help you with your life settlement needs.