The New York Times published a basic article on life and disability insurance last week. See Life and Disability Insurance: What You Need to Know, Paul Sullivan, New York Times, April 28, 2009.
From the article:
Life insurance comes in a variety of forms meant to accomplish a range of objectives, from providing for survivors to moving [...]
Stranger-originated life insurance policies are pitched as cost-free and risk-free for the insured, but they actually pose significant risks.
Tagged Elder Law, Estate Planning, Life Insurance, public policy, scams, SOLI, STOLIThe New York Law Journal recently reported on a case involving a life insurance company’s refusal to pay a death benefit on a policy it considered a “stranger-originated life insurance” policy (known as SOLI or STOLI policies).
In ruling on a motion to dismiss claims in Phoenix Life Ins. Co. v. Irwin Levinson Ins. Trust II, [...]
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