November 07, 2005 at 07:00 PM
Kilbourn Associates is promoting use of life settlements as a vehicle for funding replacement of existing life insurance policies.[@@]
Kilbourn Associates, Naples, Fla., says it has started a service, the LifeCon service, that will review life policies for U.S. residents over the age of 69 “for FREE,” according to a press release that the firm issued today.
The program will use life settlements to replace eligible policies with a “new policy, often with enhanced guarantees,” according to Kilbourn Associates.
NOT FOR REPRINT
© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Copyright © 2023 ALM Global, LLC. All Rights Reserved.
