Capitol Hill Insiders Point to Increasing Focus on Retirement Security at LISA’s 24th Annual Spring Life Settlement Conference
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A survey released found that 78 percent of Americans are "extremely" or "somewhat" concerned about affording a comfortable retirement, with one in three Baby Boomers in particular reporting they have between
LISA's annual meeting was one of the first professional gatherings of professionals in the life settlements industry when it debuted in 1995 and continues to bring together a wide range of industry participants, including life settlement providers, brokers, service providers and institutional investors. This year's meeting focused on regulatory developments surrounding life insurance and retirement security issues affecting seniors.
A life settlement is the sale of a life insurance policy for more than its cash surrender value and less than its death benefit. The consumer receives an immediate cash payment and the buyer of the policy assumes all future premiums in exchange for the benefit when the insured passes away. Candidates for life settlements are typically aged 70 or older, with a life insurance policy that has a death benefit of at least
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The next LISA conference will take place from
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