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Life Partners Inc. is the world's oldest life settlement provider and one of the most active companies in the world engaged in the secondary market for life insurance. [4] Life Partners Inc. is the architect of the newest asset class, life settlements, [5] which has grown over the past decade to become an $80 billion industry. [6]
Martín de Alarcón, who had been appointed governor of Texas in late 1716, wished to establish a way station between the settlements along the Rio Grande and the new missions in East Texas. [41] Alarcón led a group of 72 people, including 10 families, into Texas in April 1718, where they settled along the San Antonio River .
A life settlement or viatical settlement (from Latin viaticum, something received before death) [1] is the sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, [2] to a third party investor. [3]
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Spanish Texas was one of the interior provinces of the colonial Viceroyalty of New Spain from 1519 until 1821. Spain claimed ownership of the region in 1519. Slave raids by Spaniards into what became Texas began in the 16th century and created an atmosphere of antagonism with Native Americans (Indians) which would cause endless difficulties for the Spanish in the future.
Post-war Texas grew rapidly as migrants poured into the cotton lands of the state. [13] Texas was a prime location for agricultural immigration, due to its numerous rivers and rich soil. [14] Due to high amounts of immigration, the settled population of Texas rose to nearly 147,000 in 1847. [14]
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