September 4th, 2008
View Full Article
Scottsdale based NuInvest, LLC announces a strategic marketing partnership with the premier European financial engineering firm Life Settlement Advisors. This alliance bridges the gap between the US and European life settlement investment markets, to bring a deeper understanding and needed relief to investors internationally.
Posted in life settlement | No Comments »
September 3rd, 2008
View Full Article
Mutual Credit Corporation (MCC), its President Anthony Jacobson, and its affiliates today announced a favorable resolution of litigation with two of MCC‘s borrowers under its non-recourse premium financing plan, Donald Kueltzo and Harry L. Jenkins and the trustees of their respective life insurance trusts. In the Kueltzo action, the Orange County Superior Court entered a judgment of foreclosure against Kueltzo, and a similar judgment was entered in the separate Jenkins action. The judgments acknowledged the validity and enforceability of MCC financing.
Posted in premium financing | No Comments »
August 30th, 2008
View Full Article
Life Settlement Insights LLC (LSI), a national life settlement brokerage firm, announced today that the firm plans a second auction sale on behalf of the Court-appointed receiver for the Miami-based Mutual Benefits Corporation, Viatical Services, Inc., and Viatical Benefactors LLC.
Posted in life settlement | No Comments »
August 30th, 2008
View Full Article
Life Settlement Insights LLC (LSI), a national life settlement brokerage firm, announced today that the firm plans a second auction sale on behalf of the Court-appointed receiver for the Miami-based Mutual Benefits Corporation, Viatical Services, Inc., and Viatical
Benefactors LLC.
Posted in life settlement | No Comments »
August 30th, 2008
View Full Article
Dematco, Inc. (OTCBB:DMAT) announces wholly owned subsidiary Dematco, Ltd. has been engaged by another leading European investor group to dematerialize more Senior Life Settlement Units (SLSU) from Senior Life Settlement policies. Dematco, Ltd. converts all manner of paper instruments into electronically transferable units; and for this their second contract the Company received an initial stage payment of $75,000. A $30,000,000 face value project, Dematco expects to receive $525,000 in payment for services upon completion of the dematerialization. The units will be traded through Private Trading Systems PLC (PlusMarkets:PTSP), a proprietary trading and clearing system. The Company has a working business relationship with Private Trading Systems.
Posted in life settlement | No Comments »
August 30th, 2008
View Full Article
FES Insurance Design, a firm specializing in life insurance premium finace, announces professional meet and greet. This is an opportunity for CPA’s Estate Planning Attorneys, Financial Advisors and Insurance Agents to become informed about the uses and benefits of Life Insurance Premium Financing and how to jointly work with FES to present, close and deliver these cases.
Posted in premium financing | No Comments »
August 17th, 2008
View Full Article
For most of us, our investments are simply a series of numbers. We’re happy if they go up and unhappy if they go down, and we don’t have much regard for the underlying activities that produce these effects. But when it comes to one investment vehicle, dubbed the “holy grail” due to its gold-star performance, exactly how your cash is generated is hard to ignore. “Death futures”, more palatably known as life settlements, in effect make or lose money by betting on how long a person will live.
Posted in life settlement | No Comments »
August 14th, 2008
View Full Article
The Lifeline Program(R) today announced that as of July 31, the life insurance settlement company has already outperformed last year’s record sales numbers. Riding a wave of factors including a thirst for settlements as an investment from financial institutions, an influx of converted term policies and an increase in policies from seniors feeling the pinch
Posted in life settlement | No Comments »
August 13th, 2008
View Full Article
Ronnie Katz, CPA and President of Finance For Life comments on the expansion, “We are adding to our existing products and services to meet the demands of our expanding client base. Due to our excellent relationships with GA’s and premium finance lenders, we are able to offer agents more compensation and better results in getting cases successfully premium financed. We have added staff to assure efficient operations and the very best in customer service and support.”
Posted in premium financing | No Comments »
August 6th, 2008
View Full Article
They may be called “life settlements,” but this investment is really about gambling with death.
The deal is simple: People sell their life insurance policies to a life settlement provider, the provider then pays the premiums and cashes out when you die.
Posted in life settlement | No Comments »