Georgia-based life settlement industry leader licensed in New Mexico

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 1, 2008 -- Habersham Funding, LLC, an Atlanta-based firm that does business nationally, has been licensed as a viatical settlement provider in New Mexico. The company received notification of its licensure June 13.

Habersham, which was founded in 2001, provides the funds for life settlements and viatical settlements, which enable seniors who no longer want or need their life insurance to receive an advance cash payment for their policy. The viatical settlement option also is available to some people who are terminally ill.

“Actively participating in the regulatory process and diligently pursuing these licenses is a responsibility we take seriously,” says M. Bryan Freeman, a Georgia native and settlement industry pioneer who is founder and president of Habersham. “We know that, for all parties involved, dealing with reputable life settlement providers that understand the importance of complying with both the spirit and the letter of the law is critical to advancing consumers’ rights to sell their life insurance policies.”

“The secondary market for life insurance has undergone a rapid evolution,” Freeman says. “This industry began 19 years ago as a niche service for people who faced serious illness. Today, the industry has come into its own; settlements are now being embraced by insurance agents, attorneys, accountants and financial planners for everyone from people of modest means to high-net-worth individuals.”

The Life Insurance Settlement Association recently estimated the size of the settlement market at $12 billion to $15 billion a year.

With its licensure in New Mexico, Habersham Funding can now buy life settlements in all states and most US territories (including Washington, DC) with the exception of Alaska and Florida.




OTHER INFORMATION:

M. Bryan Freeman, a licensed insurance agent for 29 years, is founder and president of Habersham Funding LLC, an Atlanta-based life settlement provider that does business nationally. He has helped people sell their life insurance for 19 years and completed four terms as president of the Life Insurance Settlement Association. Freeman also is the founder of Life Settlement University, which helps industry newcomers and various professionals master life settlements. In 2006 he was honored by both houses of the Georgia State Legislature with resolutions recognizing his international leadership in the settlement industry.

www.HabershamFunding.com

www.LifeSettlementUniversity.com

www.LifeSettlementForecast.com

life insurance     life settlement     viatical