An association that maintains a facility displaying offers and counteroffers for life settlement contracts is known as what?

The correct answer is a life settlement intermediary. A life settlement intermediary is an organization or entity that facilitates transactions between parties interested in buying or selling life settlement contracts. Their role involves maintaining a platform or facility where offers and counteroffers for life settlements can be displayed and negotiated. This type of intermediary is particularly significant in the life settlement market, as it helps ensure transparency and efficiency in the buying and selling process of life insurance policies that are no longer needed by the original policyholders.

In contrast, while a life settlement broker assists clients in securing the best terms for life settlements, they do not necessarily provide a centralized facility for displaying multiple offers. A life insurance marketplace typically refers to a broader platform that may offer various types of life insurance products but is not limited to life settlements. An insurance exchange is a broader term that usually describes a platform where various types of insurance products are traded, often referring to health insurance. Thus, the specificity of the life settlement intermediary in facilitating and displaying offers for life settlement contracts makes it the most accurate answer to the question posed.