LIFESTYLE SETTLEMENT Trademark
Trademark Overview
On Friday, December 29, 2000, a trademark application was filed for LIFESTYLE SETTLEMENT with the United States Patent and Trademark Office. The USPTO has given the LIFESTYLE SETTLEMENT trademark a serial number of 78041106. The federal status of this trademark filing is ABANDONED - FAILURE TO RESPOND OR LATE RESPONSE as of Thursday, February 21, 2002. This trademark is owned by American Life Enhancement, LLC. The LIFESTYLE SETTLEMENT trademark is filed in the Insurance & Financial Services category with the following description:
offered through one or more Settlement Brokers or Providers with whom our subsidiary, American Life Settlements, LLC has national contracts Insured individuals with a life expectancy of five to fifteen years may qualify to receive a single, lump-sum of cash by a company which actually purchases the life insurance policy for a discount from its Net Death Benefit Companies who purchase such policies often refer to the transactions as "Life Settlements" or "Senior Settlements" We decided to name our subsidiary American Life Settlements, LLC for this exact reason More recently, in test marketing, it was determined that we needed to create a more descriptive and evocative brand identity for this transaction which would help potential applicants think about what they might do with the money received when the life insurance is purchased Since our applicants have a lifespan of five to fifteen years, they may have health problems of a serious but not immediately life-threatening nature Proceeds...
General Information
| Serial Number | 78041106 |
| Word Mark | LIFESTYLE SETTLEMENT |
| Filing Date | Friday, December 29, 2000 |
| Status | 602 - ABANDONED - FAILURE TO RESPOND OR LATE RESPONSE |
| Status Date | Thursday, February 21, 2002 |
| Registration Number | 0000000 |
| Registration Date | NOT AVAILABLE |
| Mark Drawing | 1000 - Typeset: Word(s) / letter(s) / number(s) |
| Published for Opposition Date | NOT AVAILABLE |
Trademark Statements
| Goods and Services | offered through one or more Settlement Brokers or Providers with whom our subsidiary, American Life Settlements, LLC has national contracts Insured individuals with a life expectancy of five to fifteen years may qualify to receive a single, lump-sum of cash by a company which actually purchases the life insurance policy for a discount from its Net Death Benefit Companies who purchase such policies often refer to the transactions as "Life Settlements" or "Senior Settlements" We decided to name our subsidiary American Life Settlements, LLC for this exact reason More recently, in test marketing, it was determined that we needed to create a more descriptive and evocative brand identity for this transaction which would help potential applicants think about what they might do with the money received when the life insurance is purchased Since our applicants have a lifespan of five to fifteen years, they may have health problems of a serious but not immediately life-threatening nature Proceeds from the purchase of their life insurance are typically used for discretionary expenditures such as travel and investment, debt repayment, charitable or family gifts and so forth Thus, we feel the term, "LIFESTYLE SETTLEMENT," properly conveys the emotional and economic messages that are appropriate to this group of potential applicants That is, they know they have some time left to enjoy life, and if it is appropriate, receiving cash for their life insurance might significantly enhance their lifestyle It is important to note that applicants whose life expectancy is estimated at five years (60 months) or less would be far better off to apply for and obtain a "SECURED, NO-PAYMENT CREDIT LINE" through our American Life Loans, LLC subsidiary because it is a loan (and thus not taxable) and because surplus funds (after payment of loan costs by the life insurance benefits) are paid to the designated Beneficiary By contrast, once the lump-sum cash has been accepted for the purchase of a life insurance policy, there are no further payments after the insured person dies |
| Pseudo Mark | LIFE STYLE SETTLEMENT |
Classification Information
| International Class | 036 - Insurance; financial affairs; monetary affairs; real estate affairs. |
| US Class Codes | 100, 101, 102 |
| Class Status Code | 6 - Active |
| Class Status Date | Thursday, January 11, 2001 |
| Primary Code | 036 |
| First Use Anywhere Date | Friday, November 10, 2000 |
| First Use In Commerce Date | Friday, November 10, 2000 |
Trademark Owner History
| Party Name | American Life Enhancement, LLC |
| Party Type | 10 - Original Applicant |
| Legal Entity Type | 99 - Other |
| Address | Carmel, IN 46032 |
Trademark Events
| Event Date | Event Description |
| Thursday, February 21, 2002 | ABANDONMENT - FAILURE TO RESPOND OR LATE RESPONSE |
| Tuesday, May 29, 2001 | NON-FINAL ACTION MAILED |
| Friday, May 18, 2001 | ASSIGNED TO EXAMINER |
