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Magna Life Settlements

835 West 6th Street Suite 1400
Austin, Texas 78703
(866) 377-1208
lynnekingsley+2@gmail.com
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What We Do

Magna Life Settlements, Inc. (“Magna”) is a Florida licensed and domiciled Life Settlement provider in the Viatical and Life Settlement Industry and is wholly owned by Vida Capital, Inc. Our distinctive approach to Life Settlements is supported by quality due diligence, experienced management and strong financial backing. Our staff has over 80 years of combined experience in life insurance, medical underwriting, claims, actuarial services and financial markets. Magna strongly supports regulation that protects both consumers selling their policies and institutional investors interested in providing funds to purchase policies. Magna also recognizes and complies with its obligations to maintain and adhere to the confidentiality of all personal, financial, health and medical information. We provide unprecedented customer service solutions that lead to our streamlined closing process. Magna began operations in 1987, as a provider of life and health insurance services and has been in the Life Settlement industry since 2004. Magna was acquired and managed by Vida Capital, Inc. since 2010.

Industry Specialty

Broker

Membership Category

Charter

Stay Informed of Industry News

Latest Blogs

05/23/2022

Consumers were paid over $750 Million by LISA Members for the sale of their unwanted life insurance policies

On May 3, the Life Insurance Settlement Association (LISA) released findings from its 2021 Annual Market Data Collection Survey. The data collected represents summary closing…

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02/23/2022

The Evolution of Regulations that have Benefited the Consumer

The life settlement industry was born in 1911 when Supreme Court Justice Oliver Wendell Holmes Jr. and his fellow justices ruled that life insurance is…

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10/13/2021

Combating Inflation with Life Settlement Earnings

Everything is getting more expensive these days. Gas prices are higher, food prices are higher, used car prices are higher—it seems like nothing right now…

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10/06/2021

How Did Insurance Policy Owners Earn $848 Million in 2020?

It’s true—according to “The Life Settlements Report” released by The Deal, 3,241 people sold their life insurance policies in 2020 for a combined total of…

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