Several different organizations now oversee all life settlement transactions in the interest of ensuring that policy owners are fairly compensated for their policies while policing life settlement companies that violate the rules.

Key organizations include:

1. Life Insurance Settlement Association (LISA): This industry group promotes ethical practices and advocates for consumer rights.
2. National Association of Insurance Commissioners (NAIC): An organization comprised of state insurance commissioners that develops model laws and regulatory standards. These standards may be adopted and enforced by individual state insurance departments, which are the actual regulatory authorities.
   
   The primary regulatory authorities responsible for licensing, oversight, and enforcement of insurance laws at the state level.
3. Internal Revenue Service (IRS): The IRS provides specific tax rules for life settlements that should be reviewed and taken into consideration when selling a policy.