Tuesday, May 02, 2006
Investors Seek Profit In Stranger's Death
Regulators are poking into an unusual and fast-growing corner of the life-insurance world in which investors can profit when complete strangers die.
The business involves individuals selling the right to death benefits from their life-insurance policies -- often $1 million or more -- to investors. In exchange, individuals get cash while they're still alive.
Investors Seek Profit In Stranger's Death
Source: Wall Street Journal (subscription required)
The business involves individuals selling the right to death benefits from their life-insurance policies -- often $1 million or more -- to investors. In exchange, individuals get cash while they're still alive.
Investors Seek Profit In Stranger's Death
Source: Wall Street Journal (subscription required)
Permalink posted by armandn @ 12:51 PM 
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