Archive for June, 2009

Published on 29 Jun 2009

Life Insurance Cash-Out

Daily News
By Joseph Lisanti

Many people buy life insurance when they start a family to provide for them in case anything should happen. Yet some people are still paying premiums when they start collecting Social Security, which may be financial overkill.

http://www.nydailynews.com/money/2009/06/29/2009-06-29_life_insurance_cashout.html

Published on 26 Jun 2009

Seniors unaware of life settlement option, study says

Insurance & Financial Advisor – IFAwebnews.com
By IFAwebnews Staff

About half of a group of senior citizens owning life insurance policies was unaware it could sell its life policies for cash, according to a new survey.

http://ifawebnews.com/2009/06/26/seniors-unaware-of-life-settlement-option-study-says/

Published on 23 Jun 2009

Maine Law Backs Life Settlements

National Underwriter
By Staff Writer

A new law in Maine requires life insurance companies to advise senior life insurance policy owners that life insurance settlements are an alternative to surrendering their policy or allowing it to lapse.

http://www.lifeandhealthinsurancenews.com/News/2009/6/Pages/Maine-Law-Backs-Life-Settlements.aspx?k=washington

Published on 11 Jun 2009

From Mortgages to Mortality

Economist.com

Speculating on mortality is a sensitive business. So when a recent conference on the life-settlement industry—which allows global investors to bet on the life expectancy of elderly, ill and preferably rich Americans—was held underneath a Methodist hall in London, one speaker was spooked.

http://www.economist.com/businessfinance/displaystory.cfm?story_id=13832179