Wednesday, October 18, 2006
Older Americans Increasingly Being Targeted By Speculators Benefitting From Life Insurance Purchases
Indiana University issued the following news release: Eight years ago Joseph Belth learned of an amazing offer. A certified public accountant in Florida wrote to a 79-year-old widow in Pennsylvania and asked her to take out a life insurance policy with a $1 million death benefit. She would sell the policy immediately to investors, who in exchange would pay her $50,000 in cash. No money would ever come out of her pocket because all premiums would be paid by the investors.
Older Americans Increasingly Being Targeted By Speculators Benefitting From Life Insurance Purchases
Source: Insurance News Net
Older Americans Increasingly Being Targeted By Speculators Benefitting From Life Insurance Purchases
Source: Insurance News Net
Permalink posted by armandn @ 10:13 AM 
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