Life Insurance Purchases
Charities Look to Benefit From a New Twist on Life Insurance
Some elderly, wealthy donors are allowing insurance companies, hedge funds and other investors to insure their lives in exchange for promise that part of death benefits will go to donors’ favorite charities; oil heiress Caroline Rose Hunt is takin…
Your Own Account;
Getting Life Insurance at Work
THERE are truth-in-lending laws and truth-in-saving laws. But there are no laws requiring life insurers to tell customers where their premiums go.
If there were, most insurance buyers would see that a big chunk goes to distribution costs, includi…