LISA life insurance settlement association has been a key advocate for agents, brokers and investors in the life insurance industry for many years. The association consists of members that represent the life settlement industry.
LISA life insurance settlement association works with state and federal governments to ensure life settlement laws are fair and for the benefit of the consumer. Most state laws require that either the agents, brokers or investors that engage in life settlement transactions be licensed to do so in that given state.
Several states require life insurance carriers advise older clients of the life settlement option. Many seniors that have unwanted or unaffordable life insurance policies may be aware of their option to either lapse or surrender the policy, but not to sell the policy to a 3rd party. Carriers in these states must advise these consumers of the ability to sell their policy for an amount higher than the surrender value of the policy.
LISA life insurance settlement association is made of of key leaders in the life settlement industry that must abide by their code of ethics and bylaws. Code of ethics include Priority of Client Interests, Respect for the Law, and Integrity, among others.
The value of your life insurance policy can be determined by visiting our online valuation tool LIVEpdq!