Life Insurance Settlements, Inc.

What Life Insurance Settlements, Inc. does

Life Insurance Settlements, Inc. is a Pompano Beach, Florida-based life settlement brokerage firm founded in the mid-1990s and operating for 30+ years. The firm acts as an intermediary connecting policyholders — primarily seniors aged 65+ and individuals with serious medical conditions — with institutional funding entities that purchase unwanted or unaffordable life insurance policies for cash. Policyholders receive a lump sum between the policy's cash surrender value and its face value, typically 5-8x the surrender value (averaging 6.2x per industry data). The firm operates across 45 U.S. states and maintains exclusive partnerships with multiple funding entities, enabling it to shop policies across a broader investor base than single-funder competitors. Revenue is generated through transaction-based brokerage commissions on each settled policy, with no public pricing disclosed and free non-binding appraisals offered to prospects. The business is sales-led and direct, supported by a referral channel of insurance agents, financial planners, accountants, and estate planners who introduce clients to the firm.

The company's product portfolio centers on life settlements and viatical settlements, supplemented by free policy appraisals and an electronic settlement application (built on Adobe Sign) for digital processing. Education and thought-leadership content — including a long-running podcast (Unlocking the Hidden Value of Your Life Insurance), a newsletter series (148 issues since 2009), case studies, and advisor resource guides — function as the primary marketing and lead-generation engine. The firm is a charter member of the Life Insurance Settlement Association (LISA), and Managing Director Rob Haynie serves on the LISA board, received the 2024 Alan H. Buerger Industry Leadership Award, and is a member of the Forbes Business Council. The business is privately held, founder/management-led, with no disclosed institutional capital, and operates with 11-50 employees.

Name

Life Insurance Settlements, Inc.

Legal name

Life Insurance Settlements Incorporated

Website

https://lisettlements.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Life Settlement Brokerage Services

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Claims & Settlement Payouts (FSAMAKAG)

Keywords

• Life settlement brokerage
• Viatical settlement services
• Life insurance resale
• Policy appraisal services
• Senior insurance solutions

Headquarters

HQ city

Pompano Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Life Settlement Brokerage Commissions: The company acts as a broker facilitating life insurance policy sales, earning commissions from the transaction. Policyholders receive cash payments greater than surrender value but less than death benefit. The company maintains partnerships with multiple funding entities and processes settlements through licensed intermediaries.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Life Insurance Settlements, Inc. operates as a life settlement broker that helps policyholders (primarily seniors 65+ and terminally/chronically ill individuals) sell their life insurance policies for a lump sum cash payment that is greater than the cash surrender value but less than the death benefit. The company shops policies across a network of funding entities/institutional investors, manages the entire settlement process, and supports financial advisors and insurance professionals who refer clients. Free non-binding policy appraisals and an electronic settlement application are offered as part of the core workflow.

Product overview

Life Insurance Settlements, Inc. operates as a life settlements broker offering a portfolio of services centered on helping policyholders sell their life insurance policies for cash. The core offerings include Life Settlements (for seniors 65+) and Viatical Settlements (for terminally/chronically ill individuals), supported by a Free Policy Appraisal service and an Electronic Settlement Application for digital processing. Educational content is provided through the Unlocking the Hidden Value of Your Life Insurance Podcast and the Robin & Peter On Life Settlements Newsletter (148 issues dating back to 2009), alongside Life Settlement Case Studies demonstrating real-world settlement outcomes. The company also provides Financial Advisor Resources to help insurance agents and planners incorporate life settlements into client recommendations.

Differentiator

Problem solved

Functional benefit

Brands

• Unlocking the Hidden Value of Your Life Insurance: Company podcast hosted by Mark Mrky and Rob Haynie, featuring discussions on life settlements, industry trends, and educational content about selling life insurance policies.

Products and services

• Life Settlements Primary service offering in which policyholders aged 65+ sell their universal, term, or whole life insurance policies to third-party institutional investors for a lump sum payment that is greater than the cash surrender value but less than the death benefit. The company handles the entire process from appraisal through funding, typically delivering 5-8x the cash surrender value.
• Viatical Settlements Life insurance settlement service specifically designed for terminally or chronically ill individuals, allowing them to access policy value while alive for medical expenses, treatment, or quality-of-life needs. A subset of the company's life settlement brokerage practice.
• Free Policy Appraisal A no-obligation appraisal service that estimates the current market value of a life insurance policy, helping policyholders understand potential settlement offers before committing to the full process.
• Financial Advisor Partnership Program Referral partnership offering for insurance agents, financial planners, accountants, and estate planners, providing education, prospecting tools, and case studies so they can offer life settlements to clients and earn commissions on completed transactions, with LIS handling the settlement back-office.

Quantifiable outcome

• Policyholders typically receive 5-8x cash surrender value, with average payouts 6.2x higher than surrender values
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Life Insurance Settlement Association (LISA)coreStrategic or Co-development PartnerLife Insurance Settlements, Inc. is a charter member and active participant in LISA, the industry's primary trade organization. Rob Haynie serves on the LISA board. The company participates in LISA events, committees, annual surveys, and industry advocacy efforts. LISA membership provides credibility, regulatory engagement, and industry networking.

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• The Lifeline Program: Life settlement provider (acquired by SWBC) competing for senior policy owners and offering structured settlement services — directly overlapping LIS's core offering.
• American Life Fund: Viatical and life settlement provider with a direct-to-consumer marketing focus, competing for the same senior and terminally ill policyholders via a comparable transaction-fee model.
• Ashar Group: Life settlement broker serving policy owners and financial advisors, with comparable multi-funder relationships and an emphasis on advisor education — closely paralleling LIS's go-to-market.
• Life Settlement Advisors: Independent life settlement advisory firm focused on representing policyholders, with a comparable B2C and advisor-referral channel mix and analogous transaction economics.
• Coventry Direct: One of the largest and longest-operating life settlement brokers in the U.S., directly competing with LIS to broker senior-owned life insurance policies to institutional funders. Highly comparable on customer segments, revenue model, and regulatory footprint.
• Magna Life Settlements: Specialized life settlement brokerage working with policyholders and advisors to monetize policies; competes for the same senior and chronically ill segments on a similar commission-based model.
• Harbor Life Settlements: Life settlement broker with established funder relationships, serving policy owners and advisors with similar free-appraisal and full-service brokerage offerings.
• Settlement Advisers: Life settlement advisory and brokerage firm serving policy owners and financial professionals, comparable in customer profile, advisor-led channel mix, and transaction-based economics.

Broad incumbents

• Webster Capital Finance / Asset Investor Solutions (life settlement providers): Institutional life settlement providers and aggregators operating as funders in the secondary market; they sit on the other side of LIS's transactions and represent both competitive buyer dynamics and potential supply-side concentration risk.

Others

• Life Insurance Settlement Association (LISA): The industry's primary trade association of which LIS is a charter member. Not a competitor but a critical ecosystem participant shaping regulation, market standards, and industry data — included as a comparable 'peer' organization for context.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@LifeInsuranceSettlements
• LinkedInlinkedin.com/company/life-insurance-settlements
• Xx.com/li_settlements
• Facebookfacebook.com/life-insurance-settlements-inc-398042856923556

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Life Insurance Settlements, Inc.