A life settlement provides an alternative to the lapse or surrender of a life insurance policy and is an important financial decision (cf., LISA's Public Awareness documents). Existing laws and regulations that address life settlements include many requirements, including informational disclosures that owners and insureds must receive before a life settlement can be completed as well as licensing of life settlement brokers (representing the seller[s] of the policy) and life settlement providers (the licensed entity representing policy buyers). A life settlement is often facilitated through a life settlement broker who represents the policy owner and owes a fiduciary duty to the owner, including a duty to act according to the owner’s instructions and in the best interests of the policy owner. To further protect sellers and investors considering a life settlement, Seven Hills ensures that all parties in the transaction -- the life settlement broker, life settlement provider and any insurance agent -- are properly licensed.
Seven Hills Settlements is committed to high standards, customer service, sound business practices and consumer and investor privacy. Our goal is to make every Life Settlement transaction a positive experience for everyone involved in the process.
Statements made on this website are for information purposes only. No statements made on this website constitute, or are intended to constitute, investment advice or an offer to purchase or sell any securities or a solicitation of an offer to purchase any securities, which may only be made pursuant to and in accordance with applicable securities laws and other applicable laws.
