LISAC-Section 115 Amendment-press release (v4)

What

Based on the fundamental principle of open and free markets, LISAC was founded for the purpose of bringing to all Canadians a well-regulated, secondary market for life insurance settlements.

Why

A well-regulated, secondary market for life insurance settlements is the cornerstone of a fair, open and competitive marketplace. Life settlements markets are available in countries around the world but not in Canada.

How

By working to change existing legislation and regulation which heavily favours the insurance companies, and educating consumers and advisors of their rights.

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