LISMarket
Curated by SignalMarketplace enabling seniors to sell life insurance policies for cash.
Overview
LISMarket operates a secondary marketplace for life settlements, allowing seniors and baby boomers to sell their life insurance policies for cash. The platform is designed for individuals aged 65 and older who may no longer need or afford their policies, offering them financial flexibility and the potential to recover premium payments. By facilitating the buying, selling, and trading of existing insurance policies, LISMarket aims to enhance liquidity options for policyholders. The platform includes valuation tools, secure transaction environments, and support services, which are intended to promote transparency and efficiency in the process. LISMarket's model enables policy owners to access cash without undergoing medical exams, with fees being covered by buyers, which may assist in funding long-term care or other financial needs.
Key facts
- Founded
- 2014
- Headquarters
- Lighthouse Point, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Insurance Technology
Business model
- GTM channel
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- 2 products and services
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Contact
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