Who is Abacus life settlements?

Abacus Life Settlements is the largest direct provider in the life settlement industry for the last 19+ years. The company was originally formed in New York’s financial district in 2004, and is now headquartered in Orlando, Florida. We employ 90+ employees who collectively work to aid clients in their life settlement needs.

Who is Abacus looking for?

Abacus is looking for customers in their mid-to-late 70s or individuals with poor health. Most life insurance policy types are accepted with the exception of standard term life, but convertible term is accepted. Policies must have a death benefit of at least $100,000.

Is Abacus life settlements a good insurance company?

Abacus Life Settlements also offers the traditional option to buy your policy and become the beneficiary. Insurance trends publication The Deal reported Abacus paid an average 37% higher than the closest competitor in 2021. Abacus Life Settlements pays an average of 22.5% of face value for life insurance policies.