In life insurance, you have an "insurable interest" in another person when the death of that person would cause you a financial loss or other hardship. Insurable interest can be present in many ...

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See ...

On July 1, the South Dakota Supreme Court issued a unanimous decision affirming summary judgment in favor of a life settlement investor, holding ...

NEW YORK CITY, NY / ACCESSWIRE / January 13, 2025 / People generally purchase insurance on themselves to help protect their loved ones or other beneficiaries with a death benefit.However, you can also ...

An individual owns a life insurance policy and the insurance company refuses to pay the death benefit claim when the insured dies. This scenario is not beyond the realm of possibility as many state ...

The Florida Supreme Court recently held that life insurance policies procured by investors through a STOLI scheme did not violate Florida’s insurable interest statute and could not be challenged after ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...