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Life Equity LLC

 
Hoover's Profile: Life Equity LLC
 
Contact Information
Life Equity LLC
85 Executive Pkwy., Ste. 100
Hudson, OH 44326
OH Tel. 330-342-7772
Toll Free 800-272-5189
Fax 330-342-7782

Type: Private
On the web: http://www.lifeequity.net

Life Equity equates life insurance policies on senior citizens with a good business opportunity. The company specializes in life settlements, or acquiring life insurance policies written on elderly individuals, wagering that the policy payout will not be negated by the company's outlay in purchasing the policy and paying its premiums. Typical acquired life insurance policies include those purchased by companies on key executives and later sold when the executive is no longer with the firm or the business is sold. Life Equity does not buy viatical settlements (life insurance policies covering terminally ill individuals).

Officers:
President and CEO: Brian Smith
Director Operations: Peter DeRooy
CFO: Wayne Mosley

Competitors:
Coventry First
Life Partners Holdings
Living Benefits

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