Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Life Settlement Firm To Buy Smaller Policies

X
Your article was successfully shared with the contacts you provided.

Advanced Settlements Inc. says it will be handling a wider range of life insurance policies.

Advanced, Orlando, Fla., says it now will arrange life settlements for some life insurance policies with death benefits as low as $50,000.

The insureds submitting the smaller policies must be ages 65 to 90 and fill out a simplified underwriting questionnaire, Advanced says.

In the past, companies that arranged life settlement transactions tended to focus on policies with death benefits of $250,000 or greater.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.