Buying The: Beneficiary Position On A Life Insurance Policy

I was twenty-nine, possessed a predatory line of credit, and was about to buy his death.

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

If you'd like to refine this story or explore the mechanics further, let me know: I was twenty-nine, possessed a predatory line of

These are legal transactions, though highly regulated to prevent "Insurable Interest" fraud. I was twenty-nine

Viaticals involve terminally ill insureds; life settlements typically involve seniors with longer life expectancies.