After almost 2 years of a tightened market, the life settlements market is turning the corner. Even though the effects of the last 20+ months have taken a toll on pricing and transactions in the life settlement market, it appears money, resources and new funding companies are re-entering the market. Capital sources, such as hedge funds and private equity are still somewhat skeptical, but those that weathered the storm and some new players are sharpening their pencils.
You hate to say that it takes some bumps and bruises to learn your lessons. But just as manufacturing, construction, financing and customer services have been heavily bruised, the life settlements market was not immune. At the end of the day the lessons learned have created a more efficient and professional market. Agents and brokers have also been retooled. As they have scrambled for their clients to find offers and or answers, their learning curve has skyrocketed. This effect can only be better for the consumer. Just as education is power, so are the real life lessons learned first hand.
The future of the life settlements market is bright. More regulations have been addressed and implemented. From insurable interest concerns, to full disclosure and transparency regulations, the life settlement market is finally coming out with a new outlook and feel. This can only lead to a better process, product and result for the consumer.
Stay current with all the new changes and policies. Visit our LIVEpdq to learn more and to restart the process.