For over a decade, insureds with significant estates and their advisors have made secondary guarantee universal life (SGUL) life insurance policies, or so-called "no lapse" guarantee policies, a ...
The nascent secondary market for annuities and their guaranteed benefits could be stunted as the result of a vote last week by state insurance regulators to allow carriers to terminate the annuity ...
For families grieving the loss of a loved one, a life insurance denial is a devastating secondary blow. Insurance companies deny claims for a variety of reasons, citing policy lapses, alleged ...
A 79-year-old Cleveland businessman had a universal life insurance policy with a face value of $2.5 million. In early 2004, he decided he no longer needed the policy for estate-planning purposes, but ...
In the last few years, I have been reading more frequently about owners of permanent life insurance policies being subjected to rate increases based on cost of insurance charges, or COI. Permanent ...
LANSING, Mich. Two area credit unions say they each lost more than $1 million after they were misled into investing in a scheme to provide loans to the “life settlement” market, the secondary market ...
The Absolute Return Fund IV (ARF IV) continues to build on a track record of disciplined actuarial modelling, rigorous risk management, and consistent distributions. The fund is structured to deliver ...