 | Daniel W. Gerber & Jeffrey L. Kingsley on Legal Developments in the Life Insurance Settlement Industry
The idea of selling the proceeds of one’s own life insurance policy to another may at first glance appear to be outside the scope of traditional insurance practices, but recently a growing number of policyholders have embarked on this process in an attempt to find additional sources of income as medical costs continue to rise. Unfortunately, the transaction process is not an easy one as the industry is largely unregulated. Courts, state regulators and even insurance companies themselvBy Dan Gerber and Jeff Kingsley of Goldberg Segalla Create an account or login to post comments. Continue reading >> |