As no two longevity protection products are the same (they may come in the form of insurance or a swap and all have different characteristics and requirements) our role is to ensure, where possible, that a portfolio can qualify for longevity protection based on the client’s and protection provider’s criteria.

In general terms, any portfolio’s minimum characteristics should be as follows:

• Minimum of 300 lives
• 2 recent LE reports (one being from AVS and the other from AUS, 21st Services or Fasano)
• Good level of diversification in life impairment, carrier, state jurisdiction
• All policies should have similar level of death benefit (i.e. no “lumpiness”)