Januario, Afonso V. and Naik, Narayan Y., Empirical Investigation of Life Settlements: The Secondary Market for Life Insurance Policies (December 5, 2013). Available at SSRN: doi:10.2139/ssrn.2278299 p. 2.
Januario, Afonso V. and Naik, Narayan Y., Empirical Investigation of Life Settlements: The Secondary Market for Life Insurance Policies (December 5, 2013). Available at SSRN: doi:10.2139/ssrn.2278299 p. 19.
Januario, Afonso V. and Naik, Narayan Y., Empirical Investigation of Life Settlements: The Secondary Market for Life Insurance Policies (December 5, 2013). Available at SSRN: doi:10.2139/ssrn.2278299 p1, 10-11.
(1) The lawsuit is entitled Life Partners Holdings, Inc. et al. v. optionsXpress, Inc., Jonathan I. Feldman and Thomas E. Stern, Case No. 14CH6428, Circuit Court of Cook County, Illinois, County Department, Chancery Division. A complete copy of the complaint is available at: http://www.lphi.com/doc/Release_20140415.pdf
Gottlieb, D. and Smetters, K. (2013). Lapse-Based Insurance. JEL No. D03, G22, G02. Retrieved on March 21, 2014 from "Archived copy"(PDF). Archived from the original(PDF) on 2014-01-24. Retrieved 2014-03-27.{{cite web}}: CS1 maint: archived copy as title (link)
Rosenfeld, S. (2009).Working paper #0920. Life Settlements: Signposts to a Principal Asset Class. The Wharton School, University of Pennsylvania, p.3. Retrieved on March 21, 2014, from http://fic.wharton.upenn.edu/fic/papers/09/0920.pdf
web.archive.org
Life Partners, Inc. was incorporated on September 10, 1991, www.lifepartnersinc.com/about/certificateofincorporation.pdf making it the oldest life settlement company in the world. As with all life settlement companies and brokers of that time frame, its first transactions were viatical settlements in which the insured has a terminal illness and is not usually elderly. According to Life Partners' records, it closed its first life settlement on a non-terminal, elderly insured on Sept. 30, 1997. Pennsylvania life settlement company Coventry First, LLC claims to have conducted the first life settlement transaction ("First in the Market"), but the company was not formed until February 22, 2000, Look up "Coventry First" at: www.corporations.state.pa.us/corp/soskb/Corp.asp?1833218 .
Gottlieb, D. and Smetters, K. (2013). Lapse-Based Insurance. JEL No. D03, G22, G02. Retrieved on March 21, 2014 from "Archived copy"(PDF). Archived from the original(PDF) on 2014-01-24. Retrieved 2014-03-27.{{cite web}}: CS1 maint: archived copy as title (link)
