The question was: My client is a good candidate for a life settlement. However, he has asked about the privacy of his medical information during the transaction. How do I advise him on this point?
The answer is: Your client’s privacy is of critical importance and should be closely guarded.
The leading life settlement firms maintain robust privacy measures that incorporate rigorous physical, electronic and procedural protections to safeguard your client’s information.
To understand these protections fully, it is important to review not only the respective privacy notices of each of the firms participating in a life settlement, but also your client’s rights under the settlement paperwork.