The
question I get asked the most from people who have read ‘Settlement’; are there
such investments as Life Settlement funds? Some people even ask if they are
worth investing in, despite having read the book!
The
answer is that there are such funds and to this day there is still a market for
them, especially in America. They became popular after the financial crash of
2008 / 2009 and where seen as a low volatility investment, with low risk in an
asset class that has no correlation to other investment markets. Persistent low
interest rates in the US has seen retirees looking at other forms of
investments to support their retirement incomes, and life settlement funds
offer policy holders a way to raise capital by selling their policy and
investors have the potential to achieve a return in excess of the low interest
rates currently available.
One of
the risks if you purchase a policy as an investor is that you don’t know when
you’ll get your return and this if the crux of the storyline in Settlement. I
took some liberties with certain technical aspects but the story stands up
pretty well.
The
other question I also get asked relates to J J Carmichael. If you’ve read the
book you’ll know what I mean. If you haven’t then get reading!
Welcome
to the world of Justin Kell I hope you enjoy his story.
Marvin
Dixon
April
2021
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