Friday, March 20, 2009
Alleged STOLI Schemes Have Insurance Companies on Guard
"Think about it: Do you want just anyone to have a financial interest in your early demise?"
That will get your attention every time. And it is exactly what the insurance department in at least one state -- California in this instance -- has in mind on its website devoted to educating visitors about so-called "Stranger-Owned Life Insurance" or STOLI policies. Senior citizens are being targeted and insurance companies appear ready to fight back...
PR Newswire: Alleged STOLI Schemes Have Insurance Companies on Guard
That will get your attention every time. And it is exactly what the insurance department in at least one state -- California in this instance -- has in mind on its website devoted to educating visitors about so-called "Stranger-Owned Life Insurance" or STOLI policies. Senior citizens are being targeted and insurance companies appear ready to fight back...
PR Newswire: Alleged STOLI Schemes Have Insurance Companies on Guard