Comments on: Who Is Making Money In The Life Settlement Market And How??

By: mbrcatz

mbrcatz — Sun, 20 Dec 2009 15:24:30 +0000

Attorneys. Because regardless of how things come out between the insureds, insurance companies, and investors, the attorneys always get paid from all parties.

By: Mark S

Mark S — Sun, 20 Dec 2009 08:50:24 +0000

The companies who buy the insurance contracts from terminally ill people are the ones who benefit the most. Well, I will say they are betting that they will get the death benefit before many years go by. Why? If it takes long for the person to die, it takes money out of the investment of the contract. The sooner someone dies, the more money they make.

By: Clarifin

Clarifin — Sun, 20 Dec 2009 06:17:46 +0000

I almost ignored this question without knowing why you were asking. I get it now. Unfortunately, the life settlement market was really developed in a sophisticated enough environment so that everyone involved could wash their hands. That just means it’ll be more of a challenge for your guy to find legal fault. Am I getting warm?
Finance firms are big, investor firms are huge, brokers and BGA’s are sometimes gullible when money is involved, and insurance companies occasionally know more than they let on to their re-insurers.
If you were local, I’d say “let’s do lunch”, how about email me? I’ll help you find a niche.