Here’s an extract from an interesting article that outlines the strengths and weaknesses of life settlements:

Bloomberg L.P. – www.bloomberg.com

By Jane Bryant Quinn

Need money? Got a cash –value life insurance policy? Not feeling too well these days? You may be approached to sell your policy to an investor for cash up front. Maybe that’s a good idea, but maybe not. You might part with a valuable policy unnecessarily and incur taxes you didn’t expect.

http://www.bloomberg.com/apps/news?pid=20601212&sid=aC_177BFVj5Y&refer=home

Published on 03 Nov 2008 at 05:34 pm