Traded Life Policy Investments
Training
Inhouse
Description
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Type
Training
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Methodology
Inhouse
Traded Life Policies (TLPs or Life Settlements) the secondary trade of US Life Insurance Policies, are a rapidly growing investment market as investors increasingly seet out returns that are not correlated to the Fixed Income and Equity markets as well as having visible and fairly definite returns. Suitable for: Classical Fund Managers looking for Diversifications. Hedge Fund Managers looking for new investment opportunities. Private Bankers, HNW Managers, Family Office executives. Pension Fund Trustees. Lawyers & Accountants (CPD available). Investment Marketing executives and IFAs
About this course
No prior knowledge of the Insurance of Traded Life Policy universe is assumed
Reviews
Subjects
- Investment
- Returns
- Market
- Trade
- Accountants
- Office IT
- Hedge Fund
- Private
- Insurance
- Fixed Income
Course programme
Traded Life Policy Investments
Content
Introduction
- What is a TLP? History and jargon. Viaticles, Size of market
- How does it compare to other investment product (correlation with traditional asset classes, level of returns)
- The players: insureds, beneficiaries, funds, brokers, underwriters, tracking agents
- What is a STOLI and what are the issues?
- What is premium financing and what are the issues?
- Components of a life policy (whole life, universal life, cash value, premiums, wet policies, dry policies, contestability)
- Different Life Settlement products. Direct vs. Synthetic,
Regulation
-State vs. Federal - Self-regulation and voluntary practices
Valuation
- The 4 key variables (Face value, premiums, discounts and life expectancy)
- Transaction costs
- Expected returns
Structuring
-Trust setup -buying a wet policy, dry policy, typical valuations and commissions
Additional information
Traded Life Policy Investments