Position On A Life Insurance Policy - Buying The Beneficiary

"Arthur. How are you feeling?" I asked, the feigned concern tasting like copper in my mouth.

These are legal transactions, though highly regulated to prevent "Insurable Interest" fraud. buying the beneficiary position on a life insurance policy

The first year was a game of silent observation. I checked the social media accounts of the Italian resort where he retired. I saw photos of him drinking Brunello and staring at the Mediterranean. Every month, I cut a check for the staggering premiums. It was an overhead cost, like rent, but with a person attached. "Arthur

The primary risk is "longevity risk"—the chance the insured lives significantly longer than predicted. buying the beneficiary position on a life insurance policy