Industry Articles
—   February 15, 2019

Vida Capital Speaks on New Uses for Life Settlement Proceeds

DAN YOUNG SPEAKS TO A.M. BestTV ABOUT NEW USES FOR LIFE SETTLEMENT PROCEEDS

January 28, 2019 (New York, NY) – Dan Young, Senior Managing Director at Vida Capital, speaks with A.M. BestTV at LISA’s 9th Annual Life Settlement Institutional Investor Conference in New York about how changes in the market have led to increased interest by institutional investors. However, there is still a need for consumer awareness. Young mentions the challenges facing the life settlement industry include overcoming traditional thought processes to inform policy holders they might be able to receive a multiple of their surrender value. The need for RIA’s, CPA’s, and other fiduciaries to advise their clients when to sell their policies is key to creating organic growth. Vida Capital is also supporting efforts in Congress that would allow sellers of life policies to use proceeds in a health savings account tax free.

For Press & Investor Queries:
Timothy Leung
(512) 961 8265
timothy.leung@vidacapitalinc.com


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