When Done Right, Life Settlements are Worthwhile, Despite NAIFA Claims
Insurance and Financial Advisor
By: Tony Ondrusek
California recently enacted legislation to more closely regulate the life settlement industry, attempting to keep the industry STOLI-free (stranger-owned life insurance), and recognizing life settlements as a viable financial tool.
Commentary by Michael Abraham:
As per my comment on the ‘Life Settlements Industry Must Protect Seniors’ article by Darla Mercado, I fully agree with California’s stance on this matter.
Published on 09 Nov 2009 at 10:31 pm