Changing the Way You Think About Insurance

Magna Life Settlements, Inc. (“Magna”) is one of the largest Life Settlement providers in the industry. Between 2010 and 2014, Magna purchased over $1.7 billion in life insurance policies, resulting in over 500 policy owners receiving $290 million in total payout. We believe in consistently raising industry standards and supporting regulatory efforts in the market. Our strict compliance and anti-fraud programs continue to set Magna apart from competitors. Magna team members sit on the board of the Life Insurance Settlement Association (LISA), Institutional Longevity Markets Association (ILMA), and The International Secondary Markets for Life Insurance (BVZL). Our 18 employees have over a century of combined industry experience, including 4 law degrees, 3 MBAs, 4 Insurance Licenses, a CLU, and a ChFC.

Magna Life Settlements has been active in the life settlement industry since 2004 and was acquired by Vida Capital Inc. in 2010.


Magna Life Settlements is a proud member of the Life Insurance Settlement Association (LISA). LISA’s mission is to advance the highest standards of practice and professional development for the industry and educate consumers and advisors about a life settlement as an alternative to lapse or surrender of life insurance policies. President Dan Young is honored to sit on the prestigious Board of Directors of LISA.

Membership in the Association requires Magna to annually attest to abiding by a Code of Ethics and Standards of Professional Conduct, including all appropriate laws and regulations. Click here to learn more about LISA.




Vida Capital invests in longevity-contingent assets, which include, but are not limited to, life settlements. The company is one of the most active and respected investment managers in its space with over $1 billion of policy face value under management. With low correlation to other asset classes, life settlements have the potential to deliver appealing risk-adjusted returns. Vida Capital is headquartered in Austin, Texas and was founded in July 2009 by Jeff Serra and Austin Ventures. Vida has a professional staff of 35 with a senior team with over 100 years of collective experience in longevity assets.

In 2010, Magna was acquired by Vida Capital Inc, a leading asset manager in the longevity space. Magna has been active in the life settlement industry since 2004 and was the top ranked life settlement provider in 2013 and 2014 by capital deployed. Many of Vida’s competitors must contract out their sourcing and underwriting to third-party vendors. Vida’s integration with Magna provides the opportunity to participate in secondary market transactions and delivers confidence to Vida and its investors that each policy is thoroughly analyzed and vetted prior to its acquisition.


For more information please leave your contact details. *Note: Cases submitted through this form will not be reviewed. To Pre-Qualify Your Policy click HERE

For more information:

835 West 6th Street
Suite 1400
Austin, TX 78703

Phone: 1-888-996-2475
Fax: (512) 961-8264

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Our dedicated team is reviewing your information and will contact you shortly to discuss life settlement options and next steps.