Ameritas Suit Could Shake Up Life Settlement Market

News April 02, 2024 at 02:54 PM
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What You Need To Know

  • A California man bought a term life policy with a permanent life conversion option in 2004.
  • He sold the policy to an investor who wants to exercise the conversion option.
  • Ameritas is asking whether providing a conversion policy would create stranger-originated life insurance.

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