Life Settlements

Issues & Analyses of Insurance Markets & Policies

Buch | Hardcover

174 Seiten

2013
Nova Science Publishers Inc (Verlag)
978-1-62417-486-5 (ISBN)

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A life settlement is a transaction in which an insurance policy owner sells a life insurance policy to a third party for an amount that exceeds the policy's cash surrender value, but is less than the expected death benefit of the policy. Reports indicate that the life settlements market had experienced robust growth up until 2007 when it was estimated that $12 billion in face amount, or stated benefit, amount, of life insurance was sold in life settlement transactions. More recently, the amount sold has declined. This book outlines the Life Settlements Task Force's findings about the life settlement market and recommends that the Commission consider certain actions to improve market practices and regulatory oversight.

Preface;Life Insurance Settlements: Regulatory Inconsistencies May Pose a Number of Challenges;Report of the Life Settlements Task Force;Life Settlements: Risks to Seniors;Index

Verlagsort	New York
Sprache	englisch
Maße	155 x 230 mm
Gewicht	406 g
Themenwelt	Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Versicherungsbetriebslehre
ISBN-10	1-62417-486-8 / 1624174868
ISBN-13	978-1-62417-486-5 / 9781624174865
Zustand	Neuware