Coventry Leads 2024 Life Settlement Market with $1.4B in Policies Purchased

Coventry, a leading company in the secondary market for life insurance, maintained its top position in 2024 by purchasing over 1,300 life insurance policies with a total face value exceeding $1.4 billion. This performance surpasses all other providers combined, highlighting Coventry's dominant share in the life settlement industry.

The company's consistent leadership, now marked by twelve consecutive years at number one, underscores its sustained commitment to value creation and market growth. Coventry's approach focuses on meticulous underwriting, strong partnerships with financial advisors, and responsive client services, which have been pivotal in achieving industry-leading outcomes. In addition to market dominance, Coventry introduced the Enhanced Cash ValueSM program, which allows qualified Universal Life policyowners to access funds beyond the standard cash surrender value without the need for medical underwriting or records.

This innovation provides policyowners with greater liquidity and policy flexibility, addressing evolving consumer needs. Over the past two decades, Coventry has contributed over $5.9 billion to policyowners seeking alternatives to maintaining their life insurance coverage, reinforcing its role in expanding market choices and raising industry standards.