Tuesday, March 24, 2009
NY Regulator Proposes Rules For Life Settlements
New York insurance regulator Eric Dinallo said on Monday he has proposed legislation to create oversight for an obscure but growing niche market that allows life insurance policyholders to sell active policies to investor groups.
The sales typically allow the policyholder to reap a payment that is more than the surrender value of the policy but less than the death benefits.
NY Regulator Proposes Rules For Life Settlements
Source: Reuters
The sales typically allow the policyholder to reap a payment that is more than the surrender value of the policy but less than the death benefits.
NY Regulator Proposes Rules For Life Settlements
Source: Reuters
Permalink posted by armandn @ 9:48 AM 
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