21 Jan 2021
Take Your STOLI With a Twist: Stranger-Owned and Stranger-Originated Life Insurance
With the COVID-19 pandemic turning financial security into a top-of-mind priority, there is an increased interest in the secondary market for life insurance. Get up to speed on life settlements, viatical settlements, and stranger-owned and stranger-originated life insurance with this practice note, which details the insurance products and processes of life settlements, viaticals, and STOLI transactions. The note also discusses potential STOLI dangers, defenses, and practice tips.
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