Are LE's The Biggest Life Settlement Obstacle?

Someone at life settlement provider recently told me that he felt LE's (life expectancies) are the biggest challenge in the life settlement market right now. After some serious consideration, I have to agree with him. At the end of the day, insured LE's have to be accurately assessed in order for investors to have confidence in their investment and continue to put capital into the market. If the confidence isn't there and investors direct capital elsewhere, the life settlement industry will be finished.