Guiding Principles Board Officers & Advisors ILMA Members Joining ILMA

General Background Industry Overview Life Settlements Premium Financing

Master Policy Purchase & Sale Agreement (PDF) ILMA Disclosure Document (Word Document) HIPAA Authorization Forms for Each State

	Limits on Playing the STOLI Card: A Carrier’s Duty to Investigate Fraud Crafted as a legislative compromise between two competing interests, the contestability period for life insurance policies provides a two year window after issuance of a policy, during which a carrier may continue its due diligence review of an insured and matters relating to policy origination. Read the Investors Note

	ILMA Welcomes Wilmington Trust as Allied Member *Becomes Tenth Allied Member to Growing Trade Association* WASHINGTON, D.C. – The Institutional Life Markets Association (ILMA) is pleased to welcome Wilmington Trust to the not-for-profit trade association as an Allied Member. Read the press release

	ILMA Amicus Brief on Cabal Case A husband purchased a life insurance policy through a trust. The husband designated his wife as the beneficiary of the trust, making her the ultimate beneficiary of the policy. Three months after the policy was issued, the wife sold her interest in the trust to a third party. Read the Amicus Brief

	Insurable Interest after Price Dawe, Schlanger and Brasner Recent decisions from courts in Florida and Delaware have garnered significant attention and refocused the life settlement industry on the issue of insurable interest and policy origination practices. Read the Investors Note

	ILMA Continues to Expand Membership Board Approves New Charter Member and Allied Member WASHINGTON, D.C. – The Institutional Life Markets Association (ILMA) announces the expansion of their membership with the Board of Directors voting recently to accept Fortress Investment Group and Examination Management Services, Inc. (EMSI) to the not-for-profit trade association. Read the Press Release

	Trends in Cost of Insurance A life settlement is based on one fundamental item, a life insurance contract. Absent fraud, contractual limitations or carrier default, the certainty that the net death benefit will be paid out is not a matter of if, but when. Given a large and diversified pool of life settlements, an investor should be able to create a relatively predictable and low volatility return. Read the Investors Note

	ILMA Releases Investors Note on Courth of Appeals Ruling Teren Case Ruling May Have Implications for Many Pending Cases across Country WASHINGTON, D.C. – The Institutional Life Markets Association (ILMA) today released their latest Investors Note entitled “Form over Intent: Understanding the Jack Teren Insurable Interest Case.” Read the Press Release Read the Investors Note

	ILMA Welcomes Two New Allied Members Vida Capital and Silver Point Capital Join Leading Life Markets Institutional Investors WASHINGTON, D.C. – The Institutional Life Markets Association (ILMA) today welcomed Vida Capital and Silver Point Capital as “Allied Members” of the not-for-profit trade association. Read the Press Release

	As the Dust Settles in the Life Settlement Industry: A Review of Major Legal Decisions in 2010 and What's in Store for 2011 ILMA looks at several key decisions issued in 2010 and discusses what the future may hold. Read the Investors Note

	Life Settlement Provider Best Practices The Institutional Life Markets Association (ILMA) released the “Life Settlement Provider Best Practices”, a guide of minimum compliance and diligence procedures for life settlement providers. The full version of ILMA’s “Life Settlement Provider Best Practices” is available here. Read the press release.

202-552-2788 info@lifemarketsassociation.org

LifeHealthPro
Obama Tax Plan Draws Bead on Insurers

FT Adviser
FSA launches probe into ARM distributor

Corpus Christi Caller Times
State securities board fines two Corpus Christi investment adviser representatives

S. Securities and Exchange Commission
SEC Charges Life Settlements Firm and Three Executives with Disclosure and Accounting Fraud - CEO and General Counsel Additionally Charged With Insider Trading

Calgary Herald (Canada)
Bosses of insurance policy investment firm accused of Ponzi fraud; dozens of Albertans affected

New Model Adviser (Citywire)
The dangers of the FSA's tough new approach to products

FT Adviser
FSA's stance on life settlements under scrutiny

Money Marketing
What next after life settlements? - the dangers of blanket bans

Read other News You Can Use articles

What is ILMA?

ILMA is a not-for profit trade association focused on the longevity and mortality-related marketplace. By creating innovative capital market solutions, ILMA members seek to expand consumer choice in one of their most important assets - their life insurance. The Association is a leader in establishing best practices and in raising awareness about this growing and vital industry.

ILMA's mission is to expand and apply capital market solutions in life insurance, educate consumers that their insurance may be a valuable asset, expand consumer choices about how to manage it, and support the responsible growth and regulation of the industry. We believe that expanded consumer choice and full disclosure of all fees is good for the consumer and for the industry.

ILMA's founding members include Credit Suisse, Mizuho International plc, Goldman, Sachs & Co, UBS and WestLB AG.