Wednesday, August 09, 2006

 

Life Insurers Face the Future, Grudgingly

Fate continues to shower blessings on the greatest generation. Elderly Americans may soon be able to supplement their incomes by collecting fees from investors who wish to bet on their life expectancy. That, at least, is the fear of the life insurance industry, still wondering how to get the "viatical" genie back into the bottle.

Life Insurers Face the Future, Grudgingly
Source: Wall Street Journal (subscription required)

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