National Underwriter Life and Health

By: Trevor Thomas

A life settlement think tank is defending the value of the life settlement securitization concept.

The American Council of Life Insurers, Washington, asked Feb. 3 for policymakers to ban the securitization of life insurance policies sold in the secondary market. Packaging pools of life settlement transactions to back securities encourages stranger-originated life insurance and other forms of fraud, the ACLI says.

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Tags: Life Settlement Market, life settlement securitization

This life settlement article was posted on Monday, February 8th, 2010 and is filed under Life Settlement Market, National Underwriter Life & Health. You can follow any responses to this article through the RSS 2.0 feed. You can leave a response, or trackback from your own site.