Creepy as it might sound, there are companies that will buy a life insurance policy in the hopes that the policyholder will die sooner rather than later, thereby giving the company a return on its investment in the policy. But it’s not only the life settlement firm that benefits in what is termed a viatical settlement; terminally ill persons can get cash to fund their treatments and live out their days in relative comfort. Predicting a person’s longevity is not an exact science, however; people can defy the odds, living longer than expected. In fact, one company has a made a study of what it takes to live a long life. (Hint: Keep your bar tab low.)
One guiding principle is that annuities, life insurance, disability insurance and long-term care insurance can all help.
Vesta Healthcare systems help family caregivers and professional caregivers manage care.
New AALTCI pricing figures suggest that prices for women may be about the same.
Sponsored by Cetera Financial Group
Do you know the difference between client experience and customer service? The answer is crucial.
Sponsored by T. Rowe Price Investment Services, Inc.
The “reflation trade” appears real, but risks are still elevated.
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