A.M. BestTV: Colin Devine: Future of Life Settlements Depends on Disclosure and Value

OLDWICK, N.J.–(BUSINESS WIRE)–In this A.M.BestTV episode from the Life Insurance Settlement Association’s Institutional Investor Conference in New York, Colin Devine, principal, C. Devine Associates, discusses how the life settlement market has changed amid increasing regulation. However, he said the sector would continue to grow as long as it remains clear about value, and older consumers believe it is a viable option for income. Click on http://www.ambest.com/v.asp?v=devine216 to view the entire program. “The life settlement market has evolved a lot over the last few years, and I think the product has become more mainstream,” said Devine. “With today’s low rate environment and as people get older, they’re facing health and income issues. With that in mind, life insurance settlements are increasingly becoming another retirement planning tool, perhaps like reverse mortgages are…


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