I not sure if you heard about the discounted promotion for a listing on Life Settlement Info, the current price is only $398 annually but on August 1st it will be raising to $598 annually. Even at $598 that is less than $50 a month!

If you aren’t ready to pull the trigger on an LSI listing and web site, you can receive a free listing on Life Settlement Information (LifeSettlementInformation.com). They recently added an online form, for companies, agents, professionals, or even those just starting out in the business. It doesn’t offer a full page listing like we do here and dominating local search engines, but it is another way to add exposure and credibility to your business.

You only have 30 days left to take advantage of the discount, and of course that includes your in the life settlement leads program. Sign Up Today!

Found these tips from Wm. Scott Page. These tips are directed to those looking to potentially invest or purchase life settlement portfolios.

• Beware of adverse selection. The seller of the portfolio may keep the best performing policies and only sell the weaker ones. Risk gets passed to the buyer.
• Understand origination concerns. Aside from insurable interest, issues regarding transparency, trust agreements and corporate documents can arise.
• Differences in documentation and tracking can be significant. Lack of uniformity in documentation hinders policy evaluation, and tracking varies greatly from company to company.
• “As is” portfolios offer challenges. Some portfolios today are being offered “as is” and include policies that a manager would otherwise not purchase.

With the amount of premium financed policies and insurable interest policies created and sold in the last 3 years, buyers and investors need to beaware of these policies lowering the value of the portfolio.

Last Monday, a Delaware bankruptcy court allowed JGW Holdco LLC and affiliates J.G. Wentworth LLC and J.G. Wentworth Inc. to enter Chapter 11 bankruptcy protection after the company encountered liquidity problems amid a tightening credit market.

The three Bryn Mawr, Pa.-based companies buy and service structured settlements, as well as small-face-value life settlements. J.G. Wentworth has also securitized these settlements.

As funding dried up during the credit crunch, J.G. Wentworth had difficulties buying up these assets. The company is now reorganizing its business per the bankruptcy arrangement.

When a life settlement buyer files for bankruptcy, insured individuals who have already sold off their policies are often the ones who end up least injured, as they have already collected their lump sum. However, insurance policies and annuities in the process of being sold may be up in the air.

Source: InvestmentNews

LifeSettlementInfo.com would like to announce that True Abundance LLC, a Licensed Life Settlement Specialist, is proudly offering life settlement services to seniors and professionals in Louisiana and the surrounding areas.

Nikki Coleman is a Licensed Life Settlement Specialist and Safe Money Advisor who is ready to serve both sellers and investors to ensure their financial goals to their financial realities. Call today 1-866-970-7424(RICH). Learn more about True Abundance.

True Abundance’s profile and website are listed on Louisiana  Life Settlement.

Regulation and Life Settlement Bill update from the state of Illinois.

This will go in effect on July 1, 2010, start your preperations today.

Somethings covered are:

• Provides for the regulation of viatical settlement providers, brokers, and life insurance producers acting as brokers who enter into viatical settlements.
• Sets forth license and bond requirements for viatical settlement providers and viatical settlement brokers.
• Sets forth requirements for initial and ongoing viatical settlement broker training.
• Provides that the Director of Insurance may refuse to issue or renew or may suspend or revoke the license of any viatical settlement provider based upon certain findings.

And more….

Read complete bill: Illinois Life Settlement Bill SB2091