Ameritas Suit Could Shake Up Life Settlement Market
April 8, 2024 by Allison Bell
Ameritas Life has filed a lawsuit that could change how life settlement investors see convertible term life insurance policies.
The life insurer contends that a life settlement investor buying an in-force term life policy may not be able to exchange the term life policy for a permanent life policy, because the new investor owner has no insurable interest in the life of the insured.
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Originally Posted at ThinkAdvisor on April 2, 2024 by Allison Bell.
Categories: Industry Articles