Wall Street Pursues Profits in Bundled Life Insurance

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opednews.com

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The newest Wall Street scheme is to purchase the policy from the insured. The investors pay the premiums and will collect the benefit when the insured dies. Executed with several policies in the bundle, it should lessen the risk. Increased longevity of the part of policyholders will decrease profits.The similar housing scheme failed when housing prices dropped all over the country

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