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September 6, 2009     

Wall Street Pursues Profits in Bundled Life Insurance

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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

Read the rest of the story HERE:

Book Recommendations for "Insurance Industry Investors Public"
Congress moves to crack down on investor-owned life insurance.(LEGISLATION): An article from: National Underwriter Life
by Arthur D. Postal

$5.95

Number of pages: 4
Publisher: The National Underwriter Company

Analysts eye insurer stocks.: An article from: National Underwriter Property
by Sam Friedman

$5.95

Number of pages: 3
Publisher: The National Underwriter Company

View All Book Recommendations

 
Tags for This QuickLink:

Wall Street (455) Wall Street Bailout (202) Insurance Industry (161) Investors (115) Public Life (73)


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