Life Settlement Industry Leader ALIR Acquires California Provider License

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ALIR acquires California provider license

ALIR LLC California life settlement provider

ALIR LLC

By funding these smaller polices, we both expand awareness and liquidity in the market segment that is most in need, while providing portfolio diversity to our investors looking to hedge risk via non-correlated assets.

ALIR, LLC, a leading life settlement provider, today announced it has obtained a life settlement provider license from the state of California. The license will allow ALIR to provide life settlement services to California’s 39 million residents.

“Historically, the life settlement industry has focused on large life insurance policies with a face value of one million dollars or more, owned by high net worth individuals. This approach has failed to assist the underserviced market of seniors with smaller polices that have current liquidity needs,” explains Chris Erwin, chief executive officer of ALIR. “By funding these smaller polices, we both expand awareness and liquidity in the market segment that is most in need, while providing portfolio diversity to our investors looking to hedge risk via non-correlated assets.”

As a life settlement provider, ALIR is positioned as a leader in the industry. Its unique approach of direct origination, coupled with servicing individual policies of $50,000 and up, distinguishes ALIR from the competition.

The Life Settlement Industry
Life settlement transactions are not new. In 1911, the Supreme Court ruled that life insurance policies are property which can be transferred for value. Since the Supreme Court’s decision more than a century ago, the life settlement market has continued to grow and evolve. This growth has accelerated in recent years due in part to greater oversite, regulation and education in the industry.

Life settlements continue to increase in popularity as the economic and cultural climate has evolved over the past century, people have begun living longer and need more out of their retirement. Seniors have been forced to seek options to these unforeseen changes. Life settlements unlock previously dormant sources of liquidity within life insurance policies.

About ALIR
ALIR is a leading life settlement provider that was founded to assist individuals that currently own a life insurance policy, and investors who want to access the life settlement asset class. To learn more about ALIR, visit ALIR.com.

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Nels griffin
ALIR LLC
+1 (888) 358-7878
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Chris Erwin
ALIR LLC
(888) 358-7878
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@ALIR_LLC
since: 08/2017
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