Designing life insurance for coverage beyond age 100
Article Abstract:
The author discusses life insurance policies which provide coverage beginning at age 100. Coverage exists through means such as riders, no maturity date, or explicit maturity dates. The author discusses the tax rules under IRC section 7702 to which policies must conform for favorable tax treatment.
Publication Name: Journal of Financial Service Professionals
Subject: Business
ISSN: 1537-1816
Year: 1998
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Viatical settlements and high net worth transactions: new uses for affluent policyholders
Article Abstract:
The authors discuss the expansion of the use of viatical settlements or the sale of life insurance policies for financial planning purposes. The discussion focuses on the high net worth transaction form which is available to healthy or unhealthy wealthy persons who are over 70 years of age.
Publication Name: Journal of Financial Service Professionals
Subject: Business
ISSN: 1537-1816
Year: 1998
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