Wednesday, August 22, 2007

 

Industry Associations Offers a Standard Representation of the Life Settlement Process

The Life Insurance Settlement Association published a graphic representation of the life settlement process. "This is our effort to clear up some of the mystery and misinformation surrounding the process so that everyone can work from a common understanding," says LISA Executive Director, Doug Head.

LISA's The Voice of the Industry, is a seasonally published industry newsletter for public policy makers and interested parties. This publication, available on the LISA web site, is also offered to LISA Members for use in their work with the public and consumers. "An essential piece of our ongoing effort," explains Head, "is to achieve a point of common understanding about what a settlement is -- and what it is not."

Industry Associations Offers a Standard Representation of the Life Settlement Process
Source: MarketWire

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