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Wall Street Pursues Profits in Bundled Life Insurance

Quicklink Submitted By Jason Paz No comments

Jason Paz

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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Born a month before Pearl Harbor, I attended world events from an early age. My first words included Mussolini, Patton, Sahara and Patton. At age three I was a regular listener to Lowell Thomas. My mom was an industrial nurse a member of the (more...)

Related Topic(s): Insurance Industry; Investors; Public Life; Wall Street; Wall Street Bailout, Add Tags

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