×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: insurance | investments

A Morbid Niche Play: Surrended Life Insurance

Thursday, 30 April 2009 12:07 PM EDT

While companies across the financial services industry were taking a beating last year, a firm in Waco, Tex., with a less than cheery way of making money was boosting its profit by 46 percent.

Its niche: helping investors place bets on when people will die.

The firm, Life Partners Holdings, helps investors buy life insurance policies from people who no longer want or can no longer afford the coverage. The investors pay the remaining premiums and collect the eventual death benefit -- the sooner the better from their standpoint. In a recent regulatory filing, Life Partners predicted even greater interest this year.

Read the Full Story Here

-


InvestingAnalysis
While companies across the financial services industry were taking a beating last year, a firm in Waco, Tex., with a less than cheery way of making money was boosting its profit by 46 percent.Its niche: helping investors place bets on when people will die.The firm, Life...
insurance,investments
107
2009-07-30
Thursday, 30 April 2009 12:07 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved