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Life Settlement Solutions Offers Answers to Financial Professionals' Regulatory Questions
Company Gives the Inside Scoop on Life Settlements Legislation
Media Contact:
SAN DIEGO – June 18, 2008 –
In response to financial professionals’ call for more
knowledge on life settlements, Life Settlement Solutions, Inc.
is offering educational sources necessary to become successful
in the growing industry.
On June 10, Life Settlement Solutions held Panel of Life Settlement
Industry Experts: Market Regulatory Forces, the first of two panel
sessions offered as part of Life Settlement Awareness Month™. The
interactive panel featured Brian Casey, Esq. of Locke, Lord, Bissell & Liddell;
Steve Walker of 21st Services and Scott Cipinko of the Life Insurance
Finance Association (LIFA), and covered trends affecting the life
settlement market and current regulatory matters. More than 130 financial
professionals registered for the event, with the majority of attendees
listed as life-settlement brokers, financial services professionals
or insurance agents.
The interactive panel was broken up into three sections and focused on
important trends occurring in the life-settlement industry, including
life expectancy underwriting, an overview of recent regulation and
the impact of premium finance relating to life settlements. Topics
covered in each session featured information on changing mortality
trends and tables, the National Association of Insurance Commissioners
and National Conference of Insurance Legislators’ Model Acts
and their impact on the industry, current and pending legislation,
and forces affecting the premium finance portion of the marketplace.
“Our first interactive panel for this year’s program series proved
to be a success in providing financial professionals with the educational
tools necessary to better understand the market for life settlements,” said
Larry Simon, CEO and president of Life Settlement Solutions. “Those
in attendance left the presentation with a better understanding of
the important legislative changes occurring in the marketplace, as
well as insight from experienced professionals who understand what
the implications of these changes could mean for the industry.”
Life Settlement Awareness Month was started by Life Settlement
Solutions in response to financial professionals citing a lack
of access to quality education on the life-settlement industry. Now
in its third year, Life Settlement Awareness Month has become
a well-known educational learning opportunity, attracting more
than 1,000 financial professionals to its collection of free webinars,
interactive panels and workshops at major industry events. For
those who missed the panel on June 10, an additional panel with
industry experts will be held on June 30. Presentation materials
will be posted on the Life Settlement Awareness Month Web site
at www.lifesettlementawarenessmonth.com.
In addition to Life Settlement Awareness Month’s featured events,
Life Settlement Solutions is also providing financial professionals
the chance to participate in one of the first continuing education
courses certified in all 50 states. The course is offered through
a partnership with insurance continuing education provider WebCE
and could count for up to eight credit hours of life insurance licensing
continuing education. Topics covered include the life-settlement
transaction process, the risks and rewards for investors, and relevant
case studies.
To sign up for the remaining Life Settlement Awareness Month
events, please visit
www.lifesettlementawarenessmonth.com. Those
interested in learning more about life settlements or current regulatory
matters affecting the marketplace can contact Angie Robert of Life
Settlement Solutions at 858/576-8067 or via e-mail at arobert@lifefirms.com.
About Life Settlement Solutions (LSS)
Life Settlement Solutions, Inc. is one of the largest and
most respected life-settlement providers in the industry. A
premier firm in the non-viatical life-settlement field, Life
Settlement Solutions and its management represent one of the
most experienced institutionally funded life-settlement companies,
having purchased life insurance policies with several billion
in aggregate face value to date. Life Settlement Solutions
is well known for competitive pricing, strong customer relationships,
service, compliance and strict adherence to regulatory requirements.
As a leading advocate for industry education, Life Settlement
Solutions founded Life Settlement Awareness Month™ to provide
valuable training on life settlements for financial professionals.
This annual event offers top-of-the-line marketing support, training
and industry expertise to improve producer sales activities. For
information regarding Life Settlement Solutions visit
www.lss-corp.com.
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