LiST Settlements is a Fintech startup for the secondary life insurance market (the reselling of insurance policies that the original policyholders can no long afford or no longer need) that provides value and access to both policyholders and investors. LiST expands the secondary market by creating a new and efficient marketplace, offering investors of all sizes the opportunity to freely participate in this asset class. LiST enables investors to invest in a transparent and diversified format while simultaneously helping policyholders maximize the value of their asset.
LiST was started by and is managed by three entrepreneurs with over a half-century of combined experience in finance and technology. In previous ventures, they used their deep knowledge of technological tools to create complex financial models for leading players in financial markets. Their special talent is in forming and fostering partnerships by paying attention to the needs of all the participants. They founded LiST because they saw an opportunity to provide a valuable service to both investors and policyholders and knew how to create an innovative process to bring them together.
Life Settlements are considered to be pure alpha assets due to their historically low correlation to the stock market—these investments are generally not affected by the forces that control the stock market. Life settlements are therefore a superior way to diversify a portfolio and to secure an investment that will not fluctuate with random and unexpected political, natural and social forces.
This offering is open to accredited and qualified investors.
The minimum investment on the LiST platform is $10,000 in most cases. When looking at longevity-linked assets, it is important to diversify your investments. If you aim to diversify, it is wise to invest a small amount in a single policy rather than committing the total amount you plan to invest in the asset class.
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Investing in insurance-backed assets or loans is not risk free. The main unknown in LiST investments is the longevity of the policy holder. There are several other risks to consider including, but not limited to: carrier risk, policy risks and lapsing of policy risk. At LiST, we do our best to perform due diligence on every policy. However, some of these risks are unpredictable and can have a dramatic impact on yields. We advise you not to invest any amount that you can’t afford to lose in full.
Policies are sold in the secondary market for several reasons. One of the main reasons for someone to sell their policy is that the cost of maintaining the policy tends to increase to high and unaffordable premium rates. In many cases, the insured has had the policy for several decades and sometimes ends up not paying the premiums, resulting in the policy lapsing. Others sell the entire policy to investors for a small amount and don’t benefit from the proceeds upon maturity. LiST provides policyholders with an in-between solution where they can stop paying premiums and still benefit from the proceeds upon maturity. Sellers also appreciate LiST’s transparency throughout the process.
You can log into your account at any time to review a detailed online report. In addition, we will send periodic reports by email.
Among the benefits of this platform are ease of use; transparency (investors know what they are buying); tools that help investors balance and minimize risk; and an ability to access a market that was previously unavailable.
Contact us; we’re ready to hear from you. We’ll get in touch shortly and walk you through the process, step-by-step.