Life Settlement Institute

Six of the largest institutionally-funded, privately-owned life settlement companies
have formed the Life Settlement Institute (LSI), a not-for-profit association. The LSI will work with government regulatory agencies, legislators and the life insurance industry to promote the creation of and compliance with strict regulations and comprehensive standards and practices for life settlements. In so doing, the Institute and its founding members expect to increase awareness and acceptance of this important financial option.

The Life Settlement Institute announced that its support for the secondary market for life insurance includes those premium finance programs which utilize the secondary market value of life insurance to enable people with a true need for life insurance to tap into the market value of life insurance. These programs allow policyowners to acquire coverage which provides needed protection for their beneficiaries. The LSI made its announcement in response to questionable elements of certain new non-recourse premium finance programs which may violate insurable interest, usury, life settlement, premium finance, rebating or other insurance and consumer protection laws.

RTG believes the Life Settlement Institute is a benefit to this industry.

To find out the value or your life insurance policy or to see how a life settlement can benefit your financial planning, please call a life settlement specialist toll free at 1-888-973-8377 or fill out online appraisal form.