Subscribe

Life settlement firms that hit skids could hurt policy sellers

A recent bankruptcy protection filing by a provider of life settlements raises concerns that consumers in the midst of selling a policy, as well as investors, may get a raw deal in this and similar situations.

A recent bankruptcy protection filing by a provider of life settlements raises concerns that consumers in the midst of selling a policy, as well as investors, may get a raw deal in this and similar situations.

Last Monday, a Delaware bankruptcy court allowed JGW Holdco LLC and two other non-oper

Subscribe or log in to read the rest of this content.

Learn more about reprints and licensing for this article.

Recent Articles by Author

Stuck in the middle

Newly elected Finra board member whose firm is connected to a bribery scandal says the matter should have no effect on his ability to serve.

Fighting for market share in the LTC business

A handful of publicly held life insurers dominate the market for traditional long-term-care insurance, but mutual life insurers are beginning to make inroads with agents and financial advisers.

Breaking up is hard to do – especially with annuities

A recent bankruptcy protection filing by a provider of life settlements raises concerns that consumers in the midst…

Longevity insurance promising – but higher rates would help

A recent bankruptcy protection filing by a provider of life settlements raises concerns that consumers in the midst…

Long-term care: Cutting back coverage

When a 74-year-old client visited Ellen R. Siegel six years ago with news of an upcoming 12% rate increase on the premium of her long-term-care insurance, the adviser knew she had to navigate the potential benefit cuts with the precision of a surgeon.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print