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Firm Brokers $2 Billion Life Settlement Deal

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Finance For Life L.L.C. says it has had a hand in the recent purchase and sale of a life insurance portfolio valued at more than $2 billion.

“We have been working on this project for some time now and look forward to closing more portfolios in the near future,” says Ronnie Katz, president of Finance For Life, Memphis, Tenn.

Demand for premium-financed life insurance and its sale in the secondary market should increase as new capital enters the tertiary market, Katz says.