Florida Insurers, Agents Oppose Legislative Effort to Promote 'STOLI'
- Thread starter Crabcake Johnny
- Start date
- 439
They are no longer around....at all.
- 2,455
Which makes me want to ask the question and from looking at your screen name, what is?
- 439
The schemes that operated in the legal grey (or illegal) area in regards to STOLI and some premium finance are no longer around. Many of the funds went bankrupt and the portfolio of assets have traded to large groups at high discount rates.
Today, there are plenty of plain vanilla life settlement companies. Policies on seniors that were originated for legitimate reasons and are no longer wanted/needed are in high demand by many buyers.
Today, there are plenty of plain vanilla life settlement companies. Policies on seniors that were originated for legitimate reasons and are no longer wanted/needed are in high demand by many buyers.
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