Archive for September, 2009

Published on 22 Sep 2009

More Americans Cashing in on Life Insurance Policies

New Jersey Star-Ledger

By: Susan Todd

Many older Americans, who are strapped for cash and as anxious as the rest of us, are selling an unlikely asset: their life insurance policies.

http://www.nj.com/business/index.ssf/2009/09/more_americans_cashing_in_on_l.html

Published on 17 Sep 2009

SEC Eyes Secondary Market

Nations Underwriter Life & Health

By: Trevor Thomas

The head of the U.S. Securities and Exchange Commission has set up an internal task force to look into the life settlement business.

http://www.lifeandhealthinsurancenews.com/News/2009/9/Pages/SEC-Eyes-Secondary-Market.aspx

Published on 10 Sep 2009

Playing Investment Games With Life and Death

Washington Post

By: Michelle Singletary

Even in the best of times, some investors are always looking for that golden, seemingly risk-free investment that will net them fabulous returns.

http://www.washingtonpost.com/wpdyn/content/article/2009/09/09/AR2009090902435.html

Published on 09 Sep 2009

The Trade-offs of Selling Your Life Insurance

SmartMoney

By: Peter Keating

For some retirees, life?settlements can sound pretty tempting. After all, these increasingly popular transactions let you exchange your life insurance policy for a nice chunk of cold, hard cash.

http://www.smartmoney.com/Personal-Finance/Retirement/Selling-Your-Life-Insurance-The-Trade-offs/

Commentary by Michael Abraham:

This is a balanced article that, in a few lines, gives a basic introduction to our market.

Published on 06 Sep 2009

Back to Business: Wall Street Pursues Profit in Bundles of Life Insurance

By: Jenny Anderson, New York Times

Wall Street bankers plan to buy life insurance policies that ill and elderly people sell for cash and package hundreds or thousands of them together into bonds.

http://www.nytimes.com/2009/09/06/business/06insurance.html?emc=eta1

Published on 04 Sep 2009

SEC Taps Settlement Experts

National Underwriter Life and Health

By: Trevor Thomas

A U.S. Securities and Exchange Commission task force has been talking to a number of people who are active in the life settlement industry.

http://www.lifeandhealthinsurancenews.com/News/2009/11/Pages/SEC-Taps-Settlement-Experts.aspx

Published on 04 Sep 2009

Selling Life Insurance

Boston Globe

By: Jill Boynton

When times are tough people often look to the cash value in their life insurance policies as a source of cash. In addition to borrowing the cash value, one strategy that is sometimes recommended is to sell your life insurance policy to a third party. You would get more than the cash value but not as much as the death benefit.

http://www.boston.com/business/personalfinance/managingyourmoney/archives/2009/09/selling_life_in.html

Published on 02 Sep 2009

Selling Your Life Insurance

LA Examiner

By: Guy Baker

Selling your life insurance is a unique way to obtain cash for retirement as a senior. You can benefit from your life insurance policy by selling it for a discounted value, rather than keeping it until death.

http://www.examiner.com/x-17948-LA-Retirement-Planning-Examiner~y2009m9d2-Selling-Your-Life-Insurance-Policy-