In today’s marketplace, there are many money sources that look to life settlement investments for part of their portfolio. Is it such a big deal where the money comes from when it comes to owning a policy on your life?
There are trade associations today, such as the Life Settlement Institute, that are promoting the use of institutional funders, mainly to reduce the fraud and privacy risks that may be associated with using individual investors. Institutional investors have rules, regulations and practices that must be followed to protect individual clients information that may not be followed or practiced by individual investors.
Institutional investors that purchase life settlement investments are generally larger companies that have experienced portfolio managers and can provide greater privacy protection for clients. Often times, information regarding the investment may only contain policy and premium information, but not include personal information such as names, social security information or addresses.
Privacy concerns are one of the leading concerns of clients that wish to sell a life policy. Having institutional funders that take a mature, professional approach to life settlement investments is just another step forward in making life settlements a safer, more secure transaction.
To find out how much your policy is worth, please visit LivePDQ today!