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Paperback Life insurance settlements~: ~regulatory inconsistencies may pose a number of challenges: report to the Special Committee on Aging, U.S. Senate. Book

ISBN: 1974408892

ISBN13: 9781974408894

Life insurance settlements~: ~regulatory inconsistencies may pose a number of challenges: report to the Special Committee on Aging, U.S. Senate.

"Since the late 1990s, life settlements have offered consumers benefits but also exposed them to risks, giving rise to regulatory concerns. A policy owner with unneeded life insurance can surrender the policy to the insurer for its cash surrender value. Or, the owner may receive more by selling the policy to a third-party investor through a life settlement. These transactions have involved high-dollar-amount policies covering older persons. Despite...

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