The Life Insurance Settlement Association’s (LISA) 22nd Annual Spring Life Settlement Conference was held on May 17, 2016. With the bulk of the major life settlement industry providers and brokers in attendance the conference pointed the way forward.
The conference highlighted the robust growth of the market, and emphasized that consumers need to be educated. Statistically, 60%-70% of life settlements taken on by major providers are being used to fund long term care, making it clear that the demand for alternative funding sources like life insurance assets will continue to increase. In addition, refinements of customer protections and regulations to fortify the life settlement market were discussed.
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