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Discover more about L.I.S.A. and Advanced Life Settlements
LIFE INSURANCE SETTLEMENT ASSOCIATION
The Life Insurance Settlement Association (LISA) is a non-profit trade organization dedicated to the secondary market for life insurance. It is comprised of life settlement market participants and serves as the voice of the life settlement industry. LISA’s origins date back to 1994 when it was previously known as the National Viatical Association. In 2001, the association changed it’s name to the Viatical & Life Settlement Association of America and finally became known as the Life Insurance Settlement Association in 2005.
ADVANCED LIFE SETTLEMENTS
Many Americans have no idea that they are sitting on a valuable asset, their life insurance policy – an asset that can be sold in a regulated secondary market for cash. Whether you need that money to pay your bills, maintain your independence, access cutting-edge medical services or simply want a better option than lapsing the policy, Advanced Life Settlements can help.
Advanced Life Settlements has been assisting older Americans, and others facing life threatening illnesses, achieve financial freedom through a life settlement.
Our goal is simple…to help you understand your options and give you the confidence to make the best decision for you and your family, during a time when it matters the most. We are also committed to getting you the best possible payout for your life insurance policy.
A Life Settlement is a financial transaction that enables qualified life insurance policy owners to receive a cash advance on their life insurance coverage by selling it to a state licensed financial institution called a life settlement provider. In the sale of an in-force life insurance policy, all rights, title and beneficial interest in the policy are transferred to the buyer who then becomes responsible for all future premium payments. The price paid for the policy represents the net present value of the policy which is discounted from the face amount and calculated by considering the future premium expenses, health prognosis of the insured, as well as other risk factors.
These financial institutions act as buyers in a regulated secondary market that developed due to the limited options available to consumers when life insurance coverage is no longer needed or affordable. Life Settlements give policy owners a better choice when previously the only available options were to lapse, cancel or surrender a policy back to the life insurance carrier for a minimal cash value.
We Work with the Top Life Settlement Buyers in the Secondary Market.
Our job is to get your policy in front of as many potential buyers as possible…more buyers means more competition and more competition means higher offers.
We Negotiate with Your Best Interest in Mind.
With over 25 years in the market, we’ve grown to know the buyers, the industry inside and out and we work tirelessly on your behalf to get you the best offer as quickly as possible.
From Start to Finish, We are Here for You!
Our goal is to ensure at every step of the way you feel informed, comfortable and total peace of mind.