We are pleased to take this opportunity to highlight the exceptional efforts of Roseline Orelus in enforcing our Payee Protection Policy (PPP), which has significantly contributed to the protection and benefit of our policy holders. Over the past year, Roseline has demonstrated an unwavering commitment to upholding ILIC’s PPP through meticulous attention to detail and proactive measures, enhancing the overall policy holder’s experience.
Our PPP was first introduced in 2019, the first and only published policy of its kind in the structured settlement industry. The use of our PPP has shown valuable results in contesting unfair factoring practices. We’ve seen tremendous results by way of decreased/lower discount rate used, resulting in an increase of the payee’s purchase price. We’ve also seeing great results in payee’s training and development where at ILIC’s recommendation, our payees agree to obtain third party professional advice.
Our dedication and efforts have directly translated into tangible benefits for our payees, and we are fortunate to have such committed individuals on the Independent Life team to drive our commitment forward.
