Coventry ranks No.1 in the life settlements market for 2021

FORT WASHINGTON, Pa., June 17, 2022 /PRNewswire/ — Financial publication The Deal today announced that Coventry again ranked first in life insurance settlements by number and value in 2021. The league tables published by The Deal are a comprehensive review of secondary market life insurance settlement transactions. Coventry businesses have taken the top spot every year since the rankings were first published in 2013.

Coventry First and its subsidiary, Life Equity, bought more than 1,400 policies in 2021, more than three times as many policies as its nearest competitor, and more than 45% of all life insurance settlement transactions in 2021. Coventry also topped the rankings by value and total investment, buying more than $1.4 billion in policies.

“The growth we’ve experienced is a testament to the talent of our team and reflects our commitment to helping seniors get more out of their life insurance,” said Reid BurgerCEO of Coventry.

Coventry is the leading purchaser of life assurance policies, as well as the largest provider of training for financial advisers and policy owners. As the premier life insurance settlement company, Coventry has the industry’s leading network of financial professionals and utilizes a streamlined transaction process and top-notch execution. Coventry is proud to offer innovative solutions that improve the lives of policyholders and their families.

About Coventry

Coventry is the leader and creator of the secondary life insurance market. For more than 20 years, we’ve been advancing the industry and expanding opportunities for life insurance policyowners. Coventry’s deep experience combined with a fierce commitment to consumer rights makes Coventry the undisputed market leader, a position we use to raise industry standards and expand consumer choice. To date, we have delivered over $5 billion policyholders who no longer need their policies. To find out more about Coventry, please visit Coventry.com.

SOURCECoventry

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