Peachtree Life Settlements Obtains License in Georgia
BOYNTON BEACH, Fla.–(BUSINESS WIRE)–Peachtree Life Settlements is pleased to announce that the Georgia Department of Insurance has granted it a life settlement provider license. “While we have already been servicing Georgia residents for many years under Georgia’s “grandfathering” provision, I am gratified that the license is now issued,” said Ernest Jordan, a Senior Vice President with Peachtree and head of its life finance department.
Peachtree will continue to serve residents of Georgia by offering them the option to realize the market value of their life insurance policies.
“Peachtree is one of the most experienced and highly respected companies in the life settlements industry,” said Peachtree Life Settlement CEO Jim Terlizzi. “We are excited to add Georgia to the extensive list of states in which Peachtree is licensed and we look forward to continuing our operations and our growth in Georgia and nationwide.”
Peachtree Life Settlements purchases life insurance policies from individuals, typically over the age of 65 with a life expectancy of less than 16 years, who may no longer want, need or be able to afford their policy.
About Peachtree
Peach Holdings, Inc., a Florida corporation, is the parent (holding) company of the Peach group of companies, including, among others, Peachtree Settlement Funding, Peachtree Pre-Settlement Funding and Peachtree LBP Finance Company (together, “Peachtree”). Peachtree is a specialty factoring company that purchases high-quality deferred payment obligations. Through its group of affiliated companies, Peachtree caters to people seeking to sell structured legal settlements, annuity payments, lottery prize payments, sweepstakes awards and sports contract payments. In addition, Peachtree provides cash advances to people with pending personal injury claims. Peachtree has purchased over $4 billion of specialty receivables and continues to expand into new areas by bringing institutional financing and professionalism to bear on underserved markets.
As you all should know Peachtree works with numerous Life Settlement Brokers to bring you the highest offer for your policy of the policy of one of you clients. Call 1-888-973-8377 to speak with a Life Settlement Professional.
