Coventry commends bi-partisan legislation to benefit America’s Seniors. FORT WASHINGTON, Pa., March 09, 2020 / PRNewswire/ — Coventry, the largest life settlement company and pioneer of the secondary market for life insurance, today endorsed H.R. 5958: Senior Health Planning Account Act. The proposed bi-partisan legislation, introduced by Rep. Brian Higgins (D-NY), and Rep. Gregory Steube (R-FL), would help millions of American seniors fund future health care needs, including long-term care,…

Fort Washington, PA, June 13, 2018 /PRNewswire/ — Coventry continues to lead the market, taking first place in “The Top Life Settlement Providers for 2017,” according to a just-released report published by The Deal. “We had a great year with over $1 billion in face amount in secondary and tertiary market transactions combined,” said Reid Buerger, CEO of Coventry. As the largest buyer, Coventry purchased more than three times as…

A life settlement presents a compelling opportunity for policyowners by enabling them access to the market value of their life insurance policies. This value can generate significantly more than a lapse or surrender. Here are reasons your client should consider a life settlement: Long term care funding – a policyowner who needs assistance funding long term care can sell their life insurance and use the proceeds to help offset the…

The result of a policy valuation might be that the policy is performing well and should be maintained. Or you may find that the policy is worth far more than you previously thought and your client can benefit from a reallocation of those assets through a life settlement. In either case, it is a win. As you meet with your clients, consider sharing the following points about life settlements: Term…

Ongoing professional education is a critical element for the success of one’s practice and can be the distinguishing factor in demonstrating value to your clients. The market continues to evolve in its application through a variety of transaction options and policy types. Policyowners can choose to receive cash or retain a portion of their coverage while eliminating premiums. Policy minimums have also been reduced to $100,000 which broadens the application…