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Life Settlements

Displaying 40 results

Topic

Life insurance can be a valuable asset for seniors battling inflation

Selling life insurance policies can help retirees meet expenses, but such transactions, known as life settlements, are overlooked by the financial planning world.

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Life settlements seen increasing as population ages

Selling unneeded insurance policies to a third party can provide retirees with needed income.

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  • News
  • April 8, 2015

Resurgence ahead for life settlements industry?

Underfunded universal life policies' loss may be a gain for secondary insurance market.

Topic
  • June 4, 2014

Lincoln National: Variable annuity sales are up, and there’s still room to grow

Lincoln National's variable annuity deposits hit $3.4 billion at the life insurer during the third quarter, reflecting a 56% increase from the year-ago period, but execs want to shift more to contracts without living benefits.

Topic
  • February 21, 2014

What new scrutiny of life insurance captives means for advisers

Regulatory attention means advisers may want to rethink which companies they work with.

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  • June 20, 2013

Life settlements on regulators’ radar as states push their use

Texas latest to encourage holders to sell life insurance, use proceeds for long-term care.

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  • News
  • January 17, 2013

No surrender: Advisers have ‘obligation’ to talk life settlements with clients

A policy buyer says such transactions make plenty of sense for certain groups of people

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  • November 9, 2012

Bizarre life settlement drama in Texas nearing an end

Investors to get their money back — in ten years or so

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  • October 12, 2012

Retired couple withdraws claim against B-D, former rep

Clients claimed rep told them to put their IRA into life settlements

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  • News
  • June 21, 2012

Stillwater runs dry as OSU, Pickens come up empty in insurance battle

Judge rejects bid to recoup $33 million in soured funding scheme for school's athletic department; life insurance policies taken on 27 donors

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MetLife to pay $500M to settle death benefit probe

Multistate settlement follows review on whether companies were holding funds that should go to beneficiaries.

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  • News
  • March 6, 2012

Ruling is Stoli setback for Principal Life

A federal court decision in Pennsylvania has notched a win for life settlement investors.

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  • News
  • March 2, 2012

SEC fraud case could give new life to life settlements controversy

Life Partners accused of misleading shareholders about mortality estimates; securities or not?

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  • News
  • February 26, 2012

Life settlement products turn out to be killer for Tex. reps

Texas securities regulators last week fined a pair of Corpus Christi-based brokers for their alleged sale of notes…

Topic
  • February 23, 2012

Elderly couple: Rep told us to put our IRA into life settlements

But ex-broker refutes claim, says clients performed their own due diligence

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  • February 15, 2012

Campaign has Betty White pitching ‘hot’ life settlements

Actress Betty White is the celebrity pitchwoman for life settlements provider The Lifeline Program and also stars in the firm's viral YouTube video, “I'm Still Hot.”

Topic
  • News
  • February 7, 2012

Life settlement notes turn out to be killer for Tex reps

Pair of brokers in Lone Star state suspended for selling bogus promissory notes from now-defunct National Life Settlements; 'We were fooled'

Topic

Insurers’ death benefit payout practices targeted

State regulators continue to investigate claims that life insurance carriers may be failing to pay out death benefits or submit the money to the state in a timely fashion. Not surprisingly, this has attracted the attention of tort lawyers.

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Life settlements scammers get longer jail sentences than Enron’s Skilling

Two Houston men have been sentenced to spend more than 45 years in prison for their role in a massive life settlements fraud scheme.

Topic
  • October 11, 2011

MetLife to take charge of up to $135M to pay death benefits

MetLife Inc. will take a charge of up to $135 million for unpaid death benefits based on Social Security Administration records.