Buying The Beneficiary Position On A Life - Insurance Policy

"Don't lie," he chuckled, followed by a wet, racking cough. "You're thinking about the four million. But I called to tell you something. I lied on the medical disclosure. About the family history."

In the industry, they call it a life settlement. To the uninitiated, it’s a "death bond." I prefer to think of it as a high-stakes bridge. I provide the capital for a man to enjoy his final years in a villa in Tuscany, and in exchange, I inherit the right to collect when his heart finally stops. buying the beneficiary position on a life insurance policy

Silence stretched over the line. I did the math in my head. If Arthur lived another twenty years, the premiums would eat the entire four million. I wouldn’t just lose the profit; I would lose my career. I would be paying to keep a man alive who had tricked me into being his ultimate benefactor. "Arthur?" I croaked. "Don't lie," he chuckled, followed by a wet, racking cough

"You understand the terms, Mr. Vance?" the lawyer asked, sliding a thick stack of documents across the mahogany desk. I lied on the medical disclosure