Many people buy life insurance policies without fully understanding their options, benefits, and risks.

Life settlements are an alternative option that can help policy owners unlock the hidden value of their life insurance policies and use them for their own needs.

However, life settlements are not widely known or understood by the public, and they face many challenges from the insurance industry that wants to keep them in the dark. 

In this episode, Mark Mrky and Rob Haynie continue the conversation with Alan H. Buerger, Co-Founder and Chairman at Coventry. This time, they explain the multiple reasons people don’t know about life settlements, the need for education about this option, and the resistance from insurance carriers. 

Together, they discuss: 

• Why aren’t people taking advantage of the life settlement option
  
• The challenges faced by the life settlement industry
  
• The approach of large insurance carriers when it comes to employees who refer to life settlements
  
• The importance of regulation in the life settlement industry
  
• The industry’s fight against carriers engaging in enhanced cash surrender value practices
  
• The value provided by life settlements in terms of choice, retirement income, long-term care costs, and financial support for future generations
  
• And more!
  

Resources:

• A Journey Through Life Settlements – Part 1 with Alan H. Buerger (Ep. 6)
  

Connect with Mark Mrky: 

• 954-326-9378
  
• 866-326-5433 Ext. 1017
  
• LinkedIn: Mark Mrky
  
• Life Insurance Settlements, Inc
  
• markm@lisettlements.com 
  

Connect with Rob Haynie:

• 954-599-4433
  
• rob@lisettlements.com 
  
• LinkedIn: Rob Haynie
  
• Life Insurance Settlements, Inc
  

Connect with Alan Buerger:

• LinkedIn: Alan H. Buerger
  
• Website: Coventry
  

About our Guest: 

Alan H. Buerger is the chairman and co-founder of Coventry. Recognized as a visionary and one of the most influential people in the life settlement industry, he has been one of its chief innovators. He is an expert on the convergence of life insurance and capital markets and is known as the voice of the life settlement industry. 

Under Alan’s leadership, Coventry has created a secondary market for life insurance and transformed the life insurance industry by allowing consumers to sell their insurance policies in a free market environment. He has worked continuously to expand the power, value, and flexibility of life insurance. Coventry’s efforts have enabled policy owners to receive more than $4.5 billion for their unwanted policies. 

Alan is the former chairman and a former board member of the Life Insurance Settlement Association (LISA), which is the life settlement industry’s self-governing body. He is a frequent keynote speaker on a range of subjects, including emerging trends in life insurance, longevity-linked assets, and balancing regulation and opportunity in growing industries.