Written by: Matthew Paine | LifeCap
Life settlements have gone through more than a century of legal and policy development, shaping them into an asset class that institutional investors can evaluate with confidence. The journey began in 1911 with Grigsby v. Russell, affirming that a life insurance policy is private property. Over the decades, model acts from NCOIL and NAIC, state-level legislation, and industry trade associations like LISA and ELSA have built a framework of transparency and investor protection.
These milestones matter. They have created consistency in transactions, improved consumer awareness, and attracted global capital. The market today is far from its early, loosely regulated years, it is a structured, recognized, and scalable investment arena.
This white paper maps out that progression, milestone by milestone, giving investors a clear picture of how life settlements became a viable institutional allocation. It’s an essential read for those seeking diversification, non-correlated returns, and a strong regulatory foundation behind their investments.
Read the whitepaper here: Building a Market: The Regulatory Roadmap Behind Life Settlement Institutionalization.
Related: Beyond Private Credit: Why Family Offices Are Rethinking Portfolio Balance