Varied State Insurance Regulations Make Both Buying and Selling Life Settlements Risky Business

July 22, 2010 — “Senior citizens may be charged
excessive fees and get less than they should when selling
their life insurance policies in transactions known as
life settlements, according to the U.S. Government
Accountability Office.
And “investors who buy the policies may not receive
enough information about the risks,” reports
Alexis Leondis at Bloomberg News. Continue reading…
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