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Betting on Death.

by Quinn, Jane Bryant; SIRS Publishing, Inc.
Material type: materialTypeLabelBookSeries: SIRS Enduring Issues 2002Article 64Family. Publisher: Consumer Reports, 2001; Newsweek, 2001ISSN: 1522-3213;.Subject(s): Insurance -- Life | Investments | Terminal care -- Finance | Viatical settlements | FraudDDC classification: 050 Summary: BETTING ON DEATH -- "Insurance settlements intended to help the dying have short-changed them and fleeced many investors instead." (CONSUMER REPORTS) This article focuses on viatical settlements and warns of the many risks involved in entering into such an arrangement.Summary: SHOULD YOU INVEST IN DEATH? -- "In the classic viatical deal, a person who is terminally ill--and needs cash--sells his life-insurance policy 'matures' (that is, the victim dies), the investors get the insurance proceeds. The earlier the death, the higher the investment return." (NEWSWEEK) This article focuses on viatical settlements, examines their pitfalls and relays that "they've attracted an undue share of hype and misleading claims.".
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SIRS FAM2 (Browse shelf) Available

This MARC record contains two articles.

Articles Contained in SIRS Enduring Issues 2002.

Originally Published: Betting on Death, Feb. 2001; pp. 37-39.

Originally Published: Should You Invest in Death?, May 14, 2001; pp. 35.

BETTING ON DEATH -- "Insurance settlements intended to help the dying have short-changed them and fleeced many investors instead." (CONSUMER REPORTS) This article focuses on viatical settlements and warns of the many risks involved in entering into such an arrangement.

SHOULD YOU INVEST IN DEATH? -- "In the classic viatical deal, a person who is terminally ill--and needs cash--sells his life-insurance policy 'matures' (that is, the victim dies), the investors get the insurance proceeds. The earlier the death, the higher the investment return." (NEWSWEEK) This article focuses on viatical settlements, examines their pitfalls and relays that "they've attracted an undue share of hype and misleading claims.".

Records created from non-MARC resource.

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