Coventry stands at the center of the secondary market for
life insurance which allows institutions to invest in physical life
insurance policies known as life settlements.

A life settlement is the sale of an existing life insurance policy for
an amount that is more than the policy’s cash value and less than
its net death benefit. The purchaser assumes responsibility for
ongoing premium payments and receives the death benefit when
the policy matures.

Strong Growth Curve
An aging US population, along with increased demand for liquidity, is driving significant growth of the life settlement market. Independent estimates project that the market has the potential to exceed $140 billion by 2016*.

* Conning 2011. Life settlement market potential is the percentage of the total of in-force life insurance face amounts that meet the criteria used by life settlement buyers and investors, where the policies’ owners would consider settling their policy.