The Life Insurance Settlement Association (LISA) has posted a life expectancy Web tool on its website.

Scott Gibson and Jackie Lee, actuaries at Lewis & Ellis Inc., Richardson, Texas, created the tool and gave it to LISA, Orlando, Fla.

The tool can help users understand the new common life expectancy tables, LISA says.

LISA will be making the calculator available to members for free and to non-members for $500.

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