Life Insurance Settlement Association
Non-profit OrganizationsDistrict of Columbia, United States11-50 Employees
Life Insurance Settlement Association is a nonprofit industry body that represents participants in the life settlement market. Based in Washington, D.C., the organization has operated for more than twenty years and comprises roughly ninety member firms, including life settlement brokers, providers, investment firms, law firms, medical underwriters, consultants, actuaries, trustees, and escrow agents. Members are required to attest annually to a Code of Ethics and Standards of Professional Conduct, reflecting adherence to applicable laws and regulations. The association's mission is to advance high standards of practice and professional development within the industry and to educate consumers and financial advisors about life settlements as an alternative to lapse or surrender of a policy. The work takes place in a regulated market where state life settlement laws provide consumer protections.