The ins and outs of life insurance can be complex. That can be especially true if you want to sell your life insurance policy. There are two types of settlements: life settlements and viatical ...
WASHINGTON — A growing number of Americans are being taken in by misleading offers of “guaranteed” returns on viatical settlements--a risky investment product that needs to be more tightly regulated, ...
I have long believed that life insurance companies would sell more life insurance if they told the consumer about the ability to sell their policy later down the road.
The ins and outs of life insurance can be complex. That can be especially true if you want to sell your life insurance policy. There are two types of settlements: life settlements and viatical ...
Carole Fiedler, owner of Innovative Settlements in Greenbrae, obtains settlements for owners of life-insurance policies through a secondary market. In April, North Bay Business Journal covered the ...
A Georgia federal court decision involving a viatical settlement of a term life policy is being appealed after a judge ruled the transfer an “unlawful wagering contract.” The lawsuit focuses on a ...
Pricing in the viatical market varies based on the life expectancy of the insured person, competition and policy features. For example, if the insured person is expected to die in two years, a ...
CHICAGO – The Illinois Department of Insurance is highlighting a new law that will protect Illinois consumers who enter into viatical settlements and prohibit dangerous stranger-originated life ...
For some they're a godsend -- a way to tap life insurance money to ease the debts and worries of impending death. For others, they're an investment -- offering a tidy return from a sure, if morbid, ...
Stranger-owned life insurance involves buying a policy on someone you don't know and is generally illegal. Learn why this unethical practice is prohibited and its implications.
On Aug 1, Emergent announced it was "exploring strategic options". Emergent Capital trades at a ~40% discount to economic book value. Sale could result in 50%+ near-term upside. Activist Bulldog ...
I dare you to try to take notes during a talk with Gloria Wolk. The conversation feels like mental speed-skating. Her rattling sentences dash from stories of fraud victims, to her beloved German ...
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