ELSA Introduces New Explanatory Factsheet on Selling a Life Insurance Policy: Why & How
[London, UK, 11th March 2024] – The European Life Settlement Association (ELSA), a leading organisation committed to advancing transparency and knowledge within the life settlement industry in Europe, has published ‘Selling a Life Insurance Policy: Why & How’, a new fact sheet, designed to educate investors about the drivers of activity in the industry’s secondary market.
This will serve as a valuable resource for industry professionals, investors, regulators and all stakeholders interested in gaining a deeper understanding of the life settlement market.
Key highlights of the factsheet include discussions on;
- Why Insureds Sell Their Life Insurance Policy
- Structural & Market Information Around the Selling Process
- The Benefits of Selling a Life Insurance Policy
- The Process of Selling a Life Insurance Policy
- Regulatory & Legal Protections in the Sales Process
"Our factsheet furthers ELSA’s efforts to be a source of trusted information and highlights how persistent the reasons for selling a life insurance policy are, which in turn provides investors with certainty regarding their continued allocations to the asset class."
Christopher Wells, Executive Director
Christopher Wells, Executive Director at ELSA, highlighted the importance of this resource, stating: “From its inception, the life settlement market has always served as a crucial financial planning resource, providing an alternative to lapsing or surrendering life insurance policies. Our latest fact sheet furthers ELSA’s efforts to be a source of trusted information and highlights how persistent the reasons for selling a life insurance policy are, which in turn provides investors with certainty regarding their continued allocations to the asset class.”
Selling a Life Insurance Policy: Why & How is available for download on the ELSA website. ELSA encourages all industry professionals, investors, and regulators to access and utilise this valuable resource to enhance their understanding of the life settlement market.
The European Life Settlement Association (ELSA) was founded in 2009 to set standards for participants in the European life settlement industry. ELSA represents institutional investors, life settlement asset managers, and service providers to the life settlement market both in Europe and around the world, promoting transparency by providing accurate, authoritative information to investors, regulators, and the media. For more information visit www.elsa-sls.org.
Chris Wells, +44 (0) 203 490 0271, chris@elsa-sls.org
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