From the same folks who brought you risky mortgages that you couldn't afford and packaged them as 'no-risk' securities on Wall Street now comes stranger-owned life insurance: a way for third party investors to package life insurance policies into securities, promising a high yield with 'no risks'.
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www.estateplanninglawblawg.com/2008/04/who-knew-strange...
www.estateplanninglawblawg.com/2008/04/who-knew-strangerowned-life-in.html
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There's a new type of life insurance called Stranger-Owned Life Insurance. These policies are initiated by investors who convince older people to take out high-value insurance policies in order to sell them to people they don't know. ... It is known as Stranger-Owned Life Insurance, STOLI, for short, in which older people...
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www.ktka.com/news/2008/mar/10/betting_death_strangerown...
www.ktka.com/news/2008/mar/10/betting_death_strangerowned_life_insurance_raises_/
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STRANGER-OWNED LIFE INSURANCE (SOLI): WHAT (SMART) COUNSEL NEEDS TO KNOW; Stephan R. Leimberg, Esq. “A contract of insurance upon a life in which the insured has no interest is a pure wager that gives the insured a sinister counter interest in having the life come to an end.
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www.floir.com/pdf/NYU2008STOLIPAPERLeimberg.pdf
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Tags: STOLI, STOLI law, life insurance, speculator owned life insurance, stranger owned life insurance ... Tags: Larry King, STOLI, dead peasant, life insurance, stranger owned life insurance...
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www.contingentfeeblog.com/tags/stranger-owned-life-insu...
www.contingentfeeblog.com/tags/stranger-owned-life-insurance/
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David Scott Sloan; Partner; Boston; ... David Scott Sloan assists high-net-worth clients to reach and maintain their financial and estate planning goals. From wealth management to lifestyle pursuits to philanthropic interests,... ... View Full Profile...
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www.hklaw.com/id24660/PublicationId3/ReturnId16048/Serv...
www.hklaw.com/id24660/PublicationId3/ReturnId16048/ServiceId4745/contentid49980/
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Environment: New California General Storm Water Permit: Are You Ready to Comply? ... The California State Water Resources Control Board voted to adopt major revisions to the statewide General Permit for Discharges of Storm Water Associated with Construction Activities on September 2, ... Securities & Financial News to Note :
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www.hklaw.com/id24660/publicationid3/returnid33/content...
www.hklaw.com/id24660/publicationid3/returnid33/contentid49980/
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How Premium Finance Life Insurance Works ... Do I Qualify for Premium Finance Life Insurance? ... Lenders Compete for your Life Insurance Financing Business...
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www.premiumfinancedirect.com/how-it-works.html
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Date: March 31, 2009 ... Stranger Owned Life Insurance: Who Is Behind It, Have They Targeted Your Company, and How Do You Stop Them; Recording Date: March 31, 2009;; ... P.A. Corky Gillis, CLU, Capitas Financial, Life Specialist, Advanced Underwriting; Jim Norwood, former Lead Investigator, AZ Dept of Insurance;
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litigationconferences.com/?p=2885
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With these arrangements, known as SOLI (short for "Stranger-Owned Life Insurance") life insurance truly does become a pure investment with the policies grown like so many fields of corporate bonds awaiting future harvest.
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www.livesettlements.net/blog/soli_stranger_owned_life_i...
www.livesettlements.net/blog/soli_stranger_owned_life_insurance_part_5_of_11/28
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