A life settlement firm says institutional investors ought to think about investing in the secondary life market.

The amount of face value traded doubled to $12 billion last year, and investors should be attracted by the lack of correlation between the performance of life settlement portfolios and the performance of the stock market, according to William Scott Page of Wm. Page & Associates Inc., Atlanta, the parent of The Lifeline Program life settlement operation.

“We believe that major financial institutions will soon begin taking a harder look at this industry, and we believe our company is well-positioned,” Page says. “To that end, we are seeking serious financing relationships to help capitalize on the business potential.”

Lifeline reportedly has faced challenges with financing because of the recent turmoil in the hedge fund industry.