Stranger-Originated Life Insurance.

Discussion in 'Life Settlements Forum' started by rooseanistonn, Dec 27, 2015.

  1. rooseanistonn
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    rooseanistonn New Member

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    Any body help you is my Stranger-Originated Life Insurance describe in details. Stranger-Originated Life Insurance is any act, practice, or arrangement, at or prior to policy issuance, to initiate or facilitate the issuance of a life insurance policy for the intended benefit of a person who, at the time of policy origination, does not have an insurable interest in the life of the insured under the laws of the applicable state.This includes an arrangement or other agreement to transfer the ownership of the policy or the policy benefits to another person.The main characteristic of a Stranger-Originated life insurance arrangement is that insurance is purchased as an investment vehicle, rather than to provide for the insured's beneficiaries----------------

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    I agree with my life insurance policy......
     

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