Thursday, November 09, 2006

 

The 'Dark Side' Of Life Insurance Settlements

National insurance regulators plan to crack down on companies that pay elderly people to buy life insurance with the intention of selling their policies to investment groups.

The practice is an unsavory variation on "life settlements," which are a legitimate way for people to get fair payment for insurance policies they no longer need.

The 'Dark Side' Of Life Insurance Settlements
Source: Insurance News Net

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