All Posts Tagged With: "life partners"

The Hidden $6 Billion Industry

Investing in Life Settlements

Your next opportunity was born through the 1911 Supreme Court case Grigsby v. Russell. Until this historic ruling, life insurance policy owners were barred from selling their policies. That is, until Justice Oliver Wendell Holmes decided that life insurance policies are real properties — and therefore, can be sold before the owner dies.

That’s how this next company built the foundation for its business. In the U.S. alone, people young and old spend trillions of dollars on life insurance policies. Many policy owners feel they don’t even need them. So to get rid of the unwanted policies, they…

28Jul2008 | The Penny Sleuth | Comments Off | Continued
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