Coventry Life Settlements at Life

Coventry Life Settlements. Viatical settlements allow chronically or terminally ill persons to receive a lump sum of cash worth more than the policy’s surrender value but less than the death benefit. The company pioneered the life settlement industry by creating a secondary market for life insurance more than.

Coventry direct is not a life settlement provider and therefore does not make offers to purchase life insurance policies. The parties entered into a letter of intent, under which they agreed to negotiate further in good faith to explore a potential sale. He asked for 1.5 pts.

AIG Accuses Investment Firm, Philanthropist of 'Life

A life settlement can be a good option for a variety of reasons which include: The total amount of cash received is more than the policy’s cash surrender value but less than the death benefit. To this end, coventry direct's commercial includes a specific written disclaimer that reads as follows: We conducted the first life settlement transaction and were the first to realize the market’s potential.