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.

http://ifawebnews.com/2009/11/09/when-done-right-life-settlements-are-worthwhile-despite-naifa-claims/

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