This is an article, not to be confused with the Life Settlement Process here at Life Settlement Pro.

ORLANDO, FL, August 21 / MARKET WIRE/ – The Life Insurance Settlement Association published a graphic representation of the life settlement process. “This is our effort to clear up some of the mystery and misinformation surrounding the process so that everyone can work from a common understanding,” says LISA Executive Director, Doug Head.

LISA’s The Voice of the Industry, is a seasonally published industry newsletter for public policy makers and interested parties. This publication, available on the LISA web site, is also offered to LISA Members for use in their work with the public and consumers. “An essential piece of our ongoing effort,” explains Head, “is to achieve a point of common understanding about what a settlement is — and what it is not.”

There is much confusion surrounding the life settlement process. The Voice of the Industry seeks to eliminate the confusion by establishing a common model. “This issue is of the highest importance. It just makes sense to devote an entire issue of the newsletter to thoroughly address the life settlement process,” says Ramiro Rencurrell, LISA President. Head adds, “Fortunately or unfortunately, interested parties such as public policy makers, regulators, and especially the media are frequently confused about life settlement transactions. This confusion benefits no one.”

“Mystification and sensationalism have been used by opponents of the industry to bury issues of relevance and to raise minor issues to prominence — setting up straw men for denunciation, rather than letting the truth come forward. LISA wants a common context for discussion,” Head explains. In the end, LISA believes that many consumers who could benefit from Life Settlements do not understand the concept or process.

“Life settlement industry growth has been remarkable in the last couple of years,” remarks Head, “and recent estimates of industry size are being statistically verified. Consumers recognize, and now demand, the benefit afforded to them through settlements.” Likewise, all industry participants recognize the legitimate business opportunities created by the secondary market for life insurance.

In The Voice of the Industry, Head asks industry and interested parties to use the LISA model and to help refine or develop modifications to it. Head also notes that variations exist, but he argues that the LISA model is a reasonable representation of the reality of the market, with the vectors demonstrating how information, policies, and money move through the process.

Head calls upon commentators to begin to use this common model to describe the life settlement industry as they argue for change. “Otherwise,” he concludes, “observers may continue to describe the settlement process with confusing or inaccurate analogies. It will look much like the Indian fable where seven blind men attempt to describe an elephant — each ‘seeing’ a different reality and labeling the overall thing incompletely and inaccurately.”

Established in 1994, the Life Insurance Settlement Association is the oldest and largest trade organization in the industry. Its goal is to promote the development, integrity and reputation of the life settlement industry, and to promote a competitive market for the people it serves. LISA now represents 152 members with a wide variety of interests in the industry. For more about the Association, visit www.lisassociation.org.

 Call 1-888-973-8377 to speak with a Life Settlement Professional.

Aussie industry competitive

By Victoria Young Mon 20 Aug 2007

Australia’s first life settlement fund has rocketed in the past four months.

Australia’s first life settlement fund has rocketed in the past four months to become one of the largest of its type in the world with funds under management (FUM) of half a billion dollars.

The Life Settlements Wholesale Fund (LSWF), launched in October 2004, has grown from
$142.9 million FUM in April this year.

“We feel that the Australian market is showing great interest in the product,” LSWF director Laken Mitchell said.

“It’s still an education process because a lot of folks in Australia are not familiar with the asset class.

“Australian investors are very sophisticated, so it doesn’t take them long; they see its tremendous potential.”

Mitchell was part of a delegation of American life settlement industry experts who visited Australia last week.

He is from LSWF US-based partner Life Settlements Providers.

LSWF buys life insurance policies in America from high net worth policyholders aged 65 and older. It bids in tranches of between $10 million and $50 million.

In return for an immediate payout, policies are bought at discount of between 50 per
cent and 70 per cent of their face value.

When the policyholder dies the fund receives the full face value, so the yield is determined by time not market forces.

Mitchell said American consumers saw a life insurance policy as a financial tool.

LSWF owns 202 insurance policies from 68 companies. The average life expectancy is 42 months and the average age of the insured is 81.

The fund has investors from 11 countries. Life Settlements Funds fund manager Chris Renouf makes monthly visits to Hong Kong and Singapore to market to financial planners.

The product is structured as a unit trust where investors receive quarterly distributions and dividends from unit price appreciation.

The fund is available on six platforms in Australia – BT Wrap, Macquarie Investment Manager, Strategy, Portfolio Focus Essentials, Symmetry and Access121.

It is on four in New Zealand – Discovery, Aegis, BNZ Custodial Services and ABN Amro.

It is available worldwide on Scottish Life Flexible PIMS.

The minimum wrap investment is $1000 and wholesale investment is $30,000.

LISA – Orlando, FL – August 8, 2007 The month of September will offer a unique opportunity for producers and brokers in the burgeoning market of life settlements. The Life Insurance Settlement Association is presenting a day long Producer Seminar on September 24th and a day-long Broker Summit on September 25th in sunny Orlando, Florida. The producer seminar offers life insurance professionals from all industry segments a singular opportunity to expand their professional portfolios.

Industry experts will educate attendees on subjects ranging from the fundamentals of
life settlements to more advanced topics such as compliance, taxation, and fiduciary duty as a legal concept. “The LISA Board of Directors is actively addressing current industry issues. This event brings to the fore the need for professional education on life settlements within the life insurance community. Consumers will greatly benefit from dealing with informed advisors. No interested party should miss out on this unique opportunity” says LISA Executive Director, Doug Head. Other timely issues to be addressed include marketing, E & O bonding, and transparency in settlement transactions, among many others.

The Producer Seminar on September 24th is open to LISA members and non-members
alike. Business professionals who are considering entering this rapidly expanding market are strongly encouraged to register.

The Broker Summit on September 25th is open to LISA members only. This all-day event is designed to address the key issues facing today’s life settlement brokers such as disclosure, and regulatory practices. All LISA Members are welcome.

To read the complete agenda and register, please visit: 2007 Broker Summit

Established in 1994, the Life Insurance Settlement Association is the oldest and largest trade organization in the industry. Its goal is to promote the development, integrity, and reputation of the life settlement industry, and to promote a competitive market for the people it serves. LISA now represents 150 members with a wide variety of interests in the industry. For more about the Association, visit www.lisassociation.org.

Berkshire Moody, Ltd. Retools to Focus on Unique Hedge Alternative to Traditional Oil and Gas Investments

Seeks NASD Broker/Dealers and Fee-Based Financial Service Providers to Consider Company’s New Life Settlement Hedging Strategy

THE WOODLANDS, Texas–(BUSINESS WIRE)–Berkshire Moody, Ltd., announced today that it has retooled to keenly focus on working with a greater number of fee-based financial services advisors who may be seeking alternative investment strategies for their clients in the energy sector. The company believes it is possible to capture both the income and growth potential indigenous to the oil and gas industry while providing a hedge for capital preservation through a position in Life Settlements.

Investing in life settlement contracts consists of the purchase of life insurance policies by a third party investor from policy owners for investment purposes, for a discounted, but immediate, cash payment. The investor thereby acquires the unique position as the beneficiary of the insured under the policy terms; entitled to eventually receive policy proceeds so long as the investor keeps the policy in force by paying the premiums as they become due. Return on investment is determined by numerous factors including life expectancy, the discount at which the policy is purchased, etc.

Berkshire Moody believes Life Settlements can provide an outstanding hedge to any exposure that may occur in the oil and gas segment. In the event that the majority or all of an investor’s capital investment in an oil and gas project is lost, if purchased correctly, a maturing Life Settlement portfolio purchased with a portion of the investor’s capital could have a face value that equals or exceeds the original invested principal, thus protecting the investor’s downside exposure.

Life settlement contracts represent a new stable value asset class that offers a reliable and relatively determinable future payment or return on investment free from market trends, interest rate fluctuations and economic recession or slowdown. This asset class is one of the fasted growing trends in the financial markets today, potentially yielding up to 20 percent annual cash-on-cash returns if purchased and managed correctly.

Berkshire Moody believes this unique approach to oil and gas investing should present an opportunity for financial advisors to help their clients invest “smartly” in the energy sector by using Life Settlements as a hedge to protect at-risk capital.

Berkshire Moody, Ltd. seeks an audience with NASD Broker/Dealers or fee-based financial services providers/advisors exploring viable alternatives for their clients.

This press release should not be considered an offer to sell or a solicitation to buy.

About Berkshire Moody, Ltd.

Berkshire Moody, Ltd., is a private investment banking and consulting firm and is a licensee of Life Partners, Inc., a wholly-owned subsidiary of Life Partners Holdings, Inc. (NASDAQ: LPHI), a leader in the life settlement industry. We are a sister company of Energy Capital Group, an oil and gas financial services company founded in 1989.