December 30th, 2008 | Updates
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Is there a difference between Life Insurance Settlement and Life Settlements?
No, actually the term Life Settlements is shortened version or even a nickname for the longer term Life Insurance Settlements.
Life Insurance Settlements were created during the vaitical days, and yes, there is a difference between viaticals and life settlements. You can read the difference, here: Difference between Viatical and Life Settlement?
We bought the domain LiveSettlement.com and LiveSettlements.com to try to spawn even another nickname in the industry. The policy owners are still alive when selling a policy, so why not Live Settlements? Maybe if we build a nice site and take a difference approach the phrase will take off. I guess we will have to wait and a see.
December 24th, 2008 | Updates
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I am asked all the time from both beginners and veterans in the life settlement industry about conferences. I strongly believe they can be a great keep up with the current trends, regulations, and procedures. It also keeps you ahead of your competition by making yourself available to the latest practices to maximize your practice. Some other reasons to attend a life settlement conference or event are:
- Identify new opportunities for profit
- Networking, networking, networking
- Explore ways to compete in a rapidly evolving industry
- Gain insight into new and pending legislation
- Review latest trends and tactics
- Build relationships that will help grow your business
- Hear fresh perspectives from industry experts
- Education material to help grow your business
Take some time, to get your calendar out, see what shows/conferences/events are coming up and try to attend one. The time and money you spend should be well worth it.
Visit Life Settlement Conference for updated conference events and news in the industry.
December 17th, 2008 | Life Settlement News
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Some positive news for Life Partners, and the life settlement industry. More credible investment opportunities could really increase the amount of available capital to continue purchasing policies.
Life Partners Holdings, Inc. to Begin Trading on NASDAQ Global Select Market
Life Partners Holdings, Inc. (NASDAQ GM: LPHI), the parent company of Life Partners, Inc., announced today that its common stock will begin trading on the NASDAQ Global Select Market on Friday, January 2, 2009.
Life Partners CEO, Brian Pardo, commented, “Qualifying for listing on the NASDAQ Global Select Market represents a tremendous milestone in our company’s long and successful history. It is an honor to have our stock trade on the same exchange as some of America’s largest and best known companies.”
Life Partners, which began publicly trading on the OTC Market in 2000, is the world’s oldest and one of the most active companies in the United States engaged in the secondary market for life insurance policies, commonly called “life settlements“. Since its incorporation in 1991, Life Partners has completed over 84,000 transactions for its worldwide client base of over 20,000 high net worth individuals and institutions in connection with the purchase of over 6,000 policies totaling over $1.7 billion in face value.
Source of press was Business Wire