If you’re an agent acting in the secondary market for life insurance settlements and are looking to stay abreast of the latest demands and issues of the industry, you may benefit from a new membership opportunity provided by the Life Insurance Settlement Association (LISA). As of May 20, 2009, LISA offers a new membership category exclusively for agents in the secondary market. The new category, Provisional Membership, is designed to serve smaller shops and independent agents that provide important choices to consumers when it comes to their life settlements investment.
In an article published by LISA, Executive Director of the association Doug Head said, “The secondary market is evolving by leaps and bounds. Our capacity to serve and represent this growing sector is vital to the health of the industry.” He added, “Indeed, to date, a leading association for agents, the National Association of Insurance and Financial Advisors (NAIFA), does not represent their own members in the life settlement industry.”
Agents that qualify for LISA’s life settlement Provisional Membership will receive numerous benefits, including statewide legislative and regulatory representation, online access to legislative and regulatory tools, personal license tracking and support, case study certification program, and weekly access to association conference calls and online agendas. In addition, members will enjoy reduced membership dues and conference registration rates. The new membership also offers exclusive networking opportunities.
“As we look to the future of life settlements, we see an expansive landscape of opportunities for business professionals from all sectors,” said LISA Business Manager Will Menezes. He added, “Expanding our membership base to this rising class of agents allows us to offer these deserving entrepreneurs a place at the table.”
