Success in Life Settlement Investing



Transcript

Hi, I’m David Mickelson, and today’s topic is going to be how to have success in life settlement investing. First of all there are three areas. Number one is the modeling, number two is the aggregation part, and number three is the servicing part. So, when we’re talking about the modeling part, that’s the part where you get an actuarial study done to decide what your buy box is. That means, what are the criteria for which you decide what to buy to put in your portfolio. There are many different philosophies on that, but making sure you know how, what, when, and where you’re going to buy is very important for your future success in life settlements. The second area to be really mindful of is the aggregation. In aggregation, the key thing is to have a diversified set of suppliers to give you lots of kinds of policies of every description that fits your buy box, of course. And, probably the most import element is how you do your due diligence. Both the legal, and the technical due diligence on acquiring a life settlement portfolio can not be overstated. The last element is the servicing. Remember, life insurance is not a passive asset. If you own a portfolio of policies, they must be actively monitored to make sure they stay in force, the minimum amount of premium is paid, and then track the insureds, and every other aspect to make sure the asset is in good standing. With that, that’s the key to a nice portfolio to be very successful in life settlement investing. I’m David Mickelson speaking to you from Mickelson Capital Consulting. That’s all for today. Goodbye and thank you for listening.

 

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