Life settlement life expectancy is actually two different processes however they have a lot in common and one greatly affects the other. A life expectancy report is necessary to complete a life settlement package. Life settlement purchase greatly depends on the results of a life expectancy report. Investors are looking to purchase settlements in which the insured has a life expectancy of 15 years or less.
Several years ago the settlement industry crashed because a life settlement life expectancy company drastically changed its guidelines causing controversy and questioning the accuracy of all life expectancy reports. The result was a loss of confidence by investors who froze funding. Millions of dollars of life settlement transactions went bust, consumers were frustrated, and agent/brokers were left picking up the pieces.
Today the life settlement life expectancy industry now has established what they are calling best business practices, which are guidelines in research and reporting. The guidelines and new actuarial tables produce more consistent life expectancy reporting and work to avoid a repeat of the past.
Click the LIVEpdq link for more information and for a free life settlement evaluation today!