I got a handful of emails regarding STOLI (Strange Owned Life Insurance). It has been in the news, and always a topic during life settlement and industry related events. We put together a quick question and answer so that you will understand what it is.

STOLI – The definition of Strange Owned Life Insurance

More STOLI info in the news:
Ohio amends viatical rule
STOLI Complaint in FL

If you are trying to get an idea how much attention your life insurance policy or a life insurance policy of your client, simply download the the Life Settlement Worksheet that we put together here at Life Settlement Info.

It is a quick, easy to follow, 1 page PDF file that you can print and fill out. You can also use this worksheet as a marketing piece with your clients.

Download the .PDF file at the link below:
Life Settlement Worksheet

Are individual policy holders and life settlement professional experiencing a decline in offer value due to current economic conditions?

The answer is YES!

However, it is not only the current credit crunch and economic condition that is causing a decline in closed transactions as well as offer amounts. Another huge factor is the change in mortality underwriting and cost containment during pricing.

On the brighter side, there are still large pools of money coming into the secondary market for life insurance. We have seen large hedge funds and investment firms that have pulled their funds out of mortgage markets are exploring other investment vehicles such as life settlements.

Our advice it to keep processing cases and to continue exploring the option of selling your policy. The economic condition is going to be rough for the next couple years and some are saying it could get worse before it gets better. This means now could be an ideal time for a life settlement.

To speak directly with a Life Settlement Advisor, please call 1-888-823-7764 and we will gladly put you in touch with someone to answer your questions.