How Stable is the Life Settlements Industry?

Like all financial markets, the life settlements industry is going through a post-recessionary correction. Settlement offers, which were lucrative prior to the recession, are starting to return to more realistic levels. Even though capital has started to come back into the space, many industry professionals still feel that there is much work to be done.

There has recently been a fair amount of press around the industry players that have exited the space. It should also be noted that there have been far more participants entering the space that those that have exited. This has brought new capital and a renewed confidence in the future of the Life Settlement industry.

With the recently enacted legislation in key states such as California, Illinois and New York, consumers and investors are both better protected from deceptive practices. Furthermore, the release of the SEC and GAO reports have been applauded by the industry because of the documented consumer value and long term viability of the industry.

Why You Shouldn’t Worry

Policyholders should know there is plenty of opportunity in the current market. By working with a well-established and reputable broker you will ensure that your policy is properly packaged and that it is reaching all participating capital sources. This is extremely important since the goal is to maximize your net settlement amount.

For an investor, now is great time to explore the settlement industry. With the current supply of policies in the market, buyers are able to build a portfolio with specific parameters in a reasonably short period of time. Furthermore there are great opportunities to purchase entire portfolios at a discounted rate. Again it is recommended that you work with experienced professionals, as these can be complex transactions.

Lately it seems that Life Settlements are receiving more press than ever before. The articles of the past about “Death Bonds” and other sensationalist media coverage have subsided as the public has become more educated about Life Settlements as a truly viable option. There has also been a push for further public education in form of webinars and an awareness month dedicated to Life Settlements.

While settlement offers are still relatively low compared to their peak, they are a better option than surrendering a policy for a fraction of the settlement value. It is important that you discuss your current financial situation with your life settlement broker to determine your best course of action and the potential role life settlements play.

Located in Manhattan Beach, California, Opulen Capital is a specialized financial services firm focusing on products and services tailored for senior citizens. Opulen Capital is one of the leading firms offering Life Settlement opportunities for high net worth clientele. We leverage unrivaled experience and exclusive relationships in the life settlement marketplace to structure, obtain, and sell life insurance products to maximize cash profits for our valued clients. Opulen Capital’s mission is to continue to provide the best solutions for our clients through the highest level of integrity and service. For more information, visit our website at http://www.OpulenCapital.com or call Opulen at 877-OPULEN-1 (877-678-5361)