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Life Settlement
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Welcome Funds has compiled every term, phrase & definition related to life settlements. Have more questions? Call us toll-free at 1-877-227-4484 or complete our Quick Online Qualifier to determine your eligibility.

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DEFINITION OF ESCROW AGENT

A state or federally regulated financial institution or company organized under the laws of the United States or any state, whose responsibilities include accepting investor funds, client documents, transferring funds in order to purchase life insurance policies, paying insurance premiums, acting as a securities intermediary, and receiving death benefits if they are set up as the policy beneficiary on behalf of the investors. See also Custodian.

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Related Pages: Custodian