What Are Life Settlements?
A life settlement is the legal sale of an existing life insurance policy for a price greater than its cash surrender value, but less than its net death benefit to a third party investor The original owner of the policy receives a large cash sum for the sale The investor assumes the financial responsibility for ongoing premiums and receives the future death benefit when the original insured passes away
The Exchange facilitates primary and secondary transactions in a safe secure manner while creating anonymity for buyers and sellers. It functions under the strictest standards beyond the current regulatory environment. As a proprietary investment type vehicle it enables all participants the ability to transact in the life settlements space. The Exchange generates revenue on a per transaction, per issuance, and per member seat registration fees.
LISSX has created a new way for Life Settlements to be traded: enabling agents, agencies, brokers, institutions and regulators to participate in this often
LISSX has created a new way for Life Settlements to be traded: enabling agents, agencies, brokers, institutions and regulators to participate in this often misunderstood market