For the past few weeks, Chris Orestis has been jumping from station to station spreading the word of Life Insurance Settlement. His tour most recently brought him to the station, This Week in America. Chris is nearing the end of radio tour, but he has something different for us today. Chris skype called This Week in America’s Ric Bratton for an interview The setting of the interview was different and so were the topics. Chris and Ric talked about how Life Care Funding can really…
Posts tagged "Life Insurance Bill of Rights"
Copyright 2010 SNL Financial LCAll Rights Reserved SNL Insurance Daily August 6, 2010 Friday Katie Darden The president of the National Conference of Insurance Legislators added his voice to a chorus of concern over retained-asset accounts for life insurance death benefits. “NCOIL has grave concerns and awaits with extreme interest the outcome of current probes, including Veteran Administration and New York Attorney General investigations,” Kentucky state Rep. Robert Damron said in an Aug. 4 press release. Damron advocated a “Beneficiaries Bill of Rights” that would…Life Insurance Bill of Rights, NCOIL
What are the legal rights of a life insurance policy owner to engage in a “Life Insurance Settlement”? The legal right of a policy owner to engage in a Life Settlement is guaranteed by the landmark Supreme Court decision; Grigbsy v. Russell establishing that life insurance possessed all the ordinary characteristics of property, and therefore represented an asset that a policy owner has the right to transfer without limitation. Life insurance is personal property and the owner is protected by all the same inalienable rights…Insurance Settlement, Life Insurance Bill of Rights