stranger-originated life insurance n.— «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...
STOLI n.— «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...
twisting n.— «This would be like canceling a life insurance policy that you have been paying premiums on for 70 years and exchanging it for a brand-new policy. An insurance agent or broker who persuades you to make this switch is guilty...