Coventry, the leader and creator of the secondary market for life insurance, announced that it has paid more than $6 billion to policyowners for their unwanted or underperforming life insurance policies.
“Six billion isn’t just a number, it’s a reflection of the lives we’ve helped change,” said Reid Buerger, CEO of Coventry. “Behind every policy is a story. We’re proud to have helped so many policyowners turn their unwanted policies into a financial benefit.”
For more than 25 years, Coventry has led the life settlement market, offering policyowners meaningful alternatives to surrendering or lapsing their life insurance policies and helping advisors deliver liquidity and flexibility where none previously existed.
“Life settlements have proven to be a powerful financial solution for so many people,” added Buerger. “We want every policyowner to know they have options to unlock meaningful value from an underused asset—their life insurance policy.”
To date, Coventry has delivered more value to policyowners than all other life settlement companies combined and continues to lead the industry with innovation, education, and client advocacy.
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