Life Settlements
USA TODAY - July 2, 2008
Long before workers at the San Diego Food Bank began distributing cardboard food cartons from the back of a truck on a recent day, elderly men and women, many needing walkers and metal canes, formed a line in a church parking
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New York Times - July 3, 2008
RISK-AVERSE? Clueless as to what P.&.L means? You, too, can be an entrepreneur.
Not the hard-driving type who makes the business news pages. Rather, the laid-back, come-what-may variety. Many of them are part of
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Financial Industry Regulatory Authority, June 26, 2008
Rising costs of food and fuel, declines and volatility in the housing and financial markets, and an ever-tightening credit crunch have gathered to form a perfect storm that could lead some Americans
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Senior Spectrum Online, January 15th, 2007Many
Americans assume that Medi-care, supplemental policies or standard
health insurance policies will cover their long-term care expenses — an
assumption that often leads
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The Wall Street Journal, November 26th, 2007Alan Buerger wants to show investors the upside of death.
The former insurance salesman runs Coventry First LLC,
which lets investors essentially bet on -- and profit from -- other
people's demise.His company
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Marketwatch, October 11th, 2007Everyone is tripping over themselves to launch retirement income
products, funds (and annuities) that take the fuss and mess out of how
retirees figure out what they can withdraw from their nest eggs without
having to
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Investor Daily, August 20th, 2007Australia's first life settlement fund has rocketed in the past four
months to become one of the largest of its type in the world with funds
under management (FUM) of half a billion dollars. The Life Settlements Wholesale
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Marketplace, August 3rd, 2007Lisa Napoli: A few weeks ago, a pair
of Irish hedge funds filed for bankruptcy after some risky investments
went south. Ritchie Capital had invested in what are called "life
settlement policies." That's basically where
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The New York Daily News, July 30th, 2007Someone out there wants to place a bet on when you're going to die -
and they're willing to hand you a chunk of cash now, while you're still
alive.
This fast-growing business allows seniors to raise quick
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Marketplace, July 17th, 2007Lisa Napoli: A few weeks ago, a pair
of Irish hedge funds filed for bankruptcy after some risky investments
went south. Ritchie Capital had invested in what are called "life
settlement policies." That's basically where investors
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The Ft. Collins Coloradoan, February 25th, 2006
Viatical settlements gained popularity in the 1980s as a source of cash for
terminally ill life insurance policyholders.
In the 1990s, viatical settlements gave rise to life settlements. Life
settlements
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CBS News, February 26th, 2007Life insurance was always intended as a nest egg for providing for your loved
ones after your death. But so-called "life settlements" are growing in
popularity. What are they and are they a good deal for you? Ray Hennessey,
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The New York Times, December 12th, 2006Marvin Margolis, an 80-year-old Manhattan financial consultant, is looking for investors willing to bet on when he will die.Two years ago, Mr. Margolis bought a large life insurance policy.
Now, he’s considering
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