What are life insurance transactions that are marketed to senior citizens and a possible method of...

What are life insurance transactions that are marketed to senior citizens and a possible method of fraud called? Question 4 options: Stranger-owned life insurance (STOLI) or insured-owned life insurance (IOLI) Stronger-owned life insurance (STOLI) or investor-owned life insurance (IOLI) Stranger-owned life insurance (STOLI) or investor-owned life insurance (IOLI) Senior-owned life insurance (STOLI) or insured-owned life insurance (IOLI)

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Ans Stranger-owned life insurance (STOLI) or investor-owned life insurance (IOLI)

Life insurance transactions that are marketed to senior citizens and a possible method of fraud called Stranger-owned life insurance (STOLI) or investor-owned life insurance (IOLI). These have been banned by most of states as a form of fraud.

jeff jeffy answered 2 years ago

What are the possible types of interfund transactions?

A survey of 100 senior citizens was undertaken and it was found that 20 of them...

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What is the difference between Whole Life Insurance and Term life Insurance policies?

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Facebook has become a very popular website among senior citizens. A random sample of 65 senior...

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The DINK method of determining life insurance needs reccomends adding an additional insurance cushion if your...

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