Home » Dictionary » stranger-originated life insurance

stranger-originated life insurance

stranger-originated life insurance
 n.— Â«In what has to be the wackiest new trend in life insurance, many consumers are allowing total strangers to place bets on when they will expire—and the sooner they go, the bigger the payoff. It’s called Stranger-Originated Life Insurance, or STOLI for short.» â€”“Stranger-Originated Life Insurance a bad bet, regulators say” by Paul Wenske Kansas City Star (Kansas City, Kansas/Missouri) Mar. 8, 2008. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

1 comment

Further reading

Kiss the Cow (episode #1567)

An anadrome is a word that forms a whole new word when you spell it backwards. For example, the word “stressed” spelled backwards is “desserts.” Some people’s first names are anadromes. There’s the girl named Noel...

Like a Boiled Owl (episode #1559)

What’s it like to hike the Pacific Crest Trail all the way from Mexico to Canada? You’ll end up with sore muscles and blisters, and great stories to tell. Along the way, you’ll also pick up some slang, like NoBo, SoBo, Yo-yo and...