The ins and outs of life insurance can be complex. That can be especially true if you want to sell your life insurance policy. There are two types of settlements: life settlements and viatical ...

WASHINGTON — A growing number of Americans are being taken in by misleading offers of “guaranteed” returns on viatical settlements--a risky investment product that needs to be more tightly regulated, ...

The ins and outs of life insurance can be complex. That can be especially true if you want to sell your life insurance policy. There are two types of settlements: life settlements and viatical ...

Carole Fiedler, owner of Innovative Settlements in Greenbrae, obtains settlements for owners of life-insurance policies through a secondary market. In April, North Bay Business Journal covered the ...

Pricing in the viatical market varies based on the life expectancy of the insured person, competition and policy features. For example, if the insured person is expected to die in two years, a ...

A Georgia federal court decision involving a viatical settlement of a term life policy is being appealed after a judge ruled the transfer an “unlawful wagering contract.” The lawsuit focuses on a ...

CHICAGO – The Illinois Department of Insurance is highlighting a new law that will protect Illinois consumers who enter into viatical settlements and prohibit dangerous stranger-originated life ...

For some they're a godsend -- a way to tap life insurance money to ease the debts and worries of impending death. For others, they're an investment -- offering a tidy return from a sure, if morbid, ...

During the AIDS crisis of the 1980’s and 90’s, a financial scheme was hatched. Patients with life insurance realized that they could sell their policies to investors and get cash right away. The money ...

I dare you to try to take notes during a talk with Gloria Wolk. The conversation feels like mental speed-skating. Her rattling sentences dash from stories of fraud victims, to her beloved German ...

OMAHA (AP) — Nebraska’s highest court will determine whether a state association must cover nearly $1 million in losses suffered by 26 Nebraskans in a life insurance deal. The Nebraska Supreme Court ...