Founded in 1982, Coventry is a pioneer in the life settlement industry, establishing the secondary market for life insurance. The company's primary business involves purchasing existing life insurance policies from policyowners for a lump-sum cash payment that is greater than the policy's cash surrender value but less than its net death benefit. This provides liquidity to policy sellers and creates an alternative asset class for institutional investors who purchase the policies. Coventry works closely with financial advisors, attorneys, and other professionals to educate policyowners about the value of their life insurance as a sellable asset.

Founded in

United States