The Life Insurance Settlement Association opposes the
practice of Stranger Originated Life Insurance or “STOLI.” A
STOLI transaction circumvents insurable interest laws and
is, therefore, illegal. STOLI transactions abuse uninformed
senior consumers and damage the reputation of the life
settlement industry. Public policy makers should understand
STOLI, its consequences, and the best methods to effectively
prevent this practice. This guide brings you factual
information for an effective response.
Founded in 1995,
LISA is
America's oldest, largest and most widely recognized trade
association in the Life Settlement Industry,
participating in legislative and regulatory matters in all
50 states, Puerto Rico and Canada. Comprised of over 170
member companies in North America, Europe and Australia,
our diversity provides a broad and authoritative voice.
LISA is a valuable source of information for the consumer,
member companies, policy makers and all interested
parties. It is regarded as the most comprehensive source
in the life settlement industry.
