Life Expectancy Providers to Refine Best Practices, Mortality Table
The Life Settlements Report
By Dealflow Media
Life expectancy providers will refine best practices to guide their profession and a new actual-to-expected mortality table to help investors compare life expectancy estimates among the underwriters.
Nate Evans, chief executive of Maple Life Financial and a new board member of the Life Insurance Settlement Association (LISA), said he will be representing the board in heading up the effort to revise the best practices and table.
Commentary by Michael Abraham:
Here we go again investors need to realise that whatever these guys do on an individual policy it is still a ‘guess’! If you like risk then buying an individual policy for the early maturity will provide massive returns though the late maturity will have the opposite effect. If you don’t like risk you need to buy in to a large pool of seasoned policies!
Published on 16 Aug 2010 at 06:08 am
