of existing life insurance policies in U.S.
in lapses every year
We seek to achieve these objectives through taking a value-oriented approach to underwriting and through creating a diversified pool of exposures where actuarial forecasts can be applied with relatively high degrees of confidence.
Vida is vertically integrated with Magna Life Settlements, one of the largest licensed life settlement providers in the industry.
Magna is licensed or able to transact in 48 states & D.C., representing 95% of the population.
Magna’s stringent anti-fraud and compliance program is led by a deep-bench of attorneys and paralegals.
Magna performs all critical sourcing, origination, due diligence, and servicing functions in-house providing confidence to Vida and its investors that each policy is thoroughly analyzed and vetted prior to its acquisition.